On the H1 chart, Memecore after two long-wick candles swept liquidity (kill Long) down to the $1.504 area, the uptrend was quickly reconfirmed. The price has made a strong breakout, crossing above the Middle Band ($1.668) and is currently maintaining steady upward momentum above this level. The H1 candle closing high and approaching the Upper Bollinger Band near $1.754, combined with a sudden surge in trading volume at the bottom, indicates that buying demand is dominant. With this V-shaped recovery structure, $M's next target is to retest the previous peak around $1.745 and head towards higher levels.

Futures Market Signals

$M Long Setup:

• Entry: $1.705 - $1.710

• Take Profit (3%): $1.761

• Stop Loss (1.5%): $1.684

MBSC
MUSDT
1.6312
+3.98%