Recent Developments & Market Context
“Cat in a Dogs World” (MEW) is a Solana-based memecoin that’s trying to stand out in a sea of dog-themed coins. The whole concept is pretty straightforward—it’s positioning itself as the cat alternative in a market dominated by Shiba Inus and Doges. Right now, there are 88.888 billion MEW tokens in circulation, and that’s pretty much it—nearly the entire supply is already out there. The market cap sits around $62-63 million, with daily trading volume hovering between $15-16 million.
Over the last 24 hours, MEW has been trading between roughly $0.000680 and $0.0007485. But here’s the painful part—back in mid-November 2024, it hit an all-time high near $0.01288. Since then? It’s dropped over 90%. Ouch. The technical indicators aren’t painting a pretty picture either. As of February 1, 2026, most of the standard metrics—moving averages, RSI, CCI, Williams %R—are all flashing sell signals.
Technical Indicators & Price Action Analysis
Trend Evaluation & Moving Averages
When you look at the short-term picture, the 5-day moving averages (both simple and exponential) are sitting around $0.000708, which is just a hair below the current price of $0.000711. That suggests there’s been a tiny bit of upward momentum lately—at least on very short timeframes. But zoom out a bit, and things look different. The longer-term moving averages—10-day, 20-day, 50-day, and 100-day—are all notably higher, ranging from $0.000720 up to $0.000799. And they’re all trending downward. That’s classic bearish territory.
Oscillators & Momentum Indicators
The 14-day RSI is sitting at about 41.97, which is below the neutral 50 mark. That tells us sentiment is bearish, though we’re not quite in oversold territory yet. Williams %R is around -68, and the CCI is hovering near -90—both pointing to continued downward pressure. The MACD line is pretty flat and neutral, showing there’s no real momentum building to the upside. The ADX is around 32, which actually indicates the current trend (downward, unfortunately) has some decent strength behind it.
Forecast & Potential Price Scenarios
Looking at all this data, MEW is probably going to run into resistance and either drift sideways or decline a bit unless something changes. Here are a few scenarios that could play out:
- Base Case (most probable): MEW pulls back toward its next support level around $0.000680-0.000700. If that support doesn’t hold, we could see it slide further down to $0.000600-0.000650. The near-term resistance is sitting at roughly $0.000750, and it’ll need to convincingly break through that to change the bearish outlook.
- Bullish Case: If there’s a sudden surge in trading volume—maybe from renewed meme coin hype, viral social media attention, or a major exchange listing—MEW could push past resistance to $0.000800, and possibly even toward $0.001000. But those levels line up with longer-term moving averages that have historically acted as ceilings. Breaking through would require a real catalyst, not just wishful thinking.
- Bearish Case: If the broader crypto market takes a dive, or if some bigger holders decide to bail out, MEW could retest its recent lows or drop below $0.000600. With a relatively modest market cap and fixed supply, liquidity issues could make those downward moves even sharper.
Key Observations & Investor Implications
The story behind MEW—cats versus dogs—is actually pretty compelling in the meme coin world. But a good narrative hasn’t been enough to stop it from bleeding value since its peak. Sure, the fixed supply and burned liquidity are positives for scarcity, but without consistent buying pressure, those factors don’t automatically translate into price gains. The resistance from those moving averages is real, and it’s been acting like a ceiling.
If you’re a trader, you might find some low-risk entry points around the $0.000680-0.000700 support zone—just keep your stop-losses tight in case those levels give way. For longer-term holders, it’s worth waiting for clearer signs that selling pressure is easing up. Look for things like bullish crossovers in the moving averages, or the RSI climbing back above 50, before going all-in.
Emerging Catalysts to Watch
There are a few things that could potentially change MEW’s trajectory:
- Getting listed on major centralized exchanges like Binance or Coinbase would bring in a lot more liquidity and accessibility.
- A resurgence of interest in cat-themed coins—especially if the dog coins start losing steam or stagnating.
- Technical breakouts above key resistance levels with real volume backing them up—particularly if it can push above that 50-day MA toward the $0.000800 area.
Recent Price Prediction Summary
If MEW manages to break through the resistance around $0.000750 with strong volume behind it, there’s a chance it could test $0.001000 within the next few weeks to months. But honestly, the more likely scenario is that resistance holds, and we see consolidation or a modest decline toward the $0.000600-0.000650 range.
Analyst’s Take
MEW/USDT is stuck in a bearish consolidation phase right now. Momentum is weak, and the longer-term signals are mostly negative, outweighing any short-term gains. A breakout above resistance backed by a solid catalyst could flip the script, but without that, the safer bet is that we’ll see sideways to slightly downward movement over the coming weeks.
