CandleFocus MEW Hits Record High as Market Eyes Possible Reversal
2024-10-24
Author: Content Editor
Solana-based meme coin Cats in a Dog's World (MEW) reached a new all-time high of $0.011, but signs of buyer exhaustion are appearing, suggesting a potential price correction. The Relative Strength Index (RSI) indicates that MEW is overbought, and the Chaikin Money Flow (CMF) shows profit-taking activity. The coin could see a pullback to $0.009 or even $0.0081, but if demand increases, it could reclaim its all-time high and go even higher.
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