MEW Price Prediction: Can Cat In A Dog’s Hit the Moon Next?

MEW's market cap is $744M with a $273M trading volume

• $MEW teamed up with Pixelverse, featuring its cat logo in Pixelverse's Telegram stickers, notably enhancing brand exposure in Web3 gaming.

• Since its launch, MEW token price has experienced significant volatility.

• The #Cat In A Dogs World price has shown a bullish trend, starting a strong upward move in mid-July.

• The price broke above this pattern and surged by 96% after the breakout.

• The recovery turned into a breakout rally, resulting in a 127% price increase within seven days, indicating the potential for a new all-time high.

•  A sequence of 6 green candles triggered a bull cycle, though there are warnings of a possible bearish reversal due to overhead supply.

• The $MEW token price broke above the 20-day and 50-day EMAs, leading to a golden crossover.

• The RSI has reached the overbought zone, trading at a level of 82 at press time.

• According to Fibonacci levels, if the MEW price closes above $0.0100, it could potentially rise to $0.0110.

• According to Coin Gabbar analysis, Conversely, failure to close above 0.0100 may prompt a pullback, potentially leading to a test of $0.00650.

KEY LEVELS :

RESISTANCE LEVEL : $0.010000-$0.015000

SUPPORT LEVEL : $0.007000-$0.005000

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