Momentum within the meme coin sector is rapidly cycling. Some tokens are breaking through structures, attracting speculative capital inflow.

Several tokens are reaching important technical turning points. If confirmation occurs in these ranges, additional price movements may open up. BeInCrypto has analyzed three meme coins to watch in the third week of February.

PIPPIN

PIPPIN has surged linearly. Over the past 7 days, it has risen by 142%, trading at $0.690 at the time of writing. It currently boasts the highest yield in the meme coin sector this week. Structurally, the price has broken through an expanding bearish wedge pattern. This structure may lead to an expanding movement accompanied by high volatility upon confirmation.

This pattern suggests a target of approximately 221% increase. The key breakout point is $0.772, the current all-time high (ATH) based on market cap. If this area is clearly broken and turns into support, the breakout will be confirmed. This would open up opportunities for further gains. Even in conservative scenarios, momentum could drive the price to $1.000. The technical target is suggested to be up to $1.357.

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However, risk management is crucial in this zone. If the NVT ratio rises and exchange inflows increase simultaneously, it can be considered a signal that on-chain activity is weakening relative to the market cap. This is a typical early warning sign. In such cases, a correction to $0.514 is highly likely. $0.372 is a deeper structural support area. A drop to this area would invalidate the bullish structure and also turn short-term momentum bearish.

MUBARAK

MUBARAK is trading at $0.0189. After recovering to $0.0174 (0.5 Fibonacci), it has entered a crucial decision zone at $0.0189 (0.618 Fibonacci). If this zone turns into support, there is a high possibility of continuing to a higher retracement target.

The MFI indicator is showing a strong buying sentiment without signaling overbought (above 80.0), currently at 64.37. If the daily candle closes strongly at $0.0189, a bullish dominance will be confirmed. Then, the next upward target will be $0.0210 (0.786 Fibonacci), followed by $0.0237 (1.0 Fibonacci).

In the event of a decline, $0.0174 acts as an immediate support level. Below that, $0.0159 (0.382 Fibonacci) and $0.0141 (0.236 Fibonacci) are positioned. If the daily closing price drops below $0.0174, it triggers a signal of structural weakening. A drop below $0.0141 would invalidate the bullish structure.

Comedian (BAN)

BAN has shown strong gains among major meme coins this week, surging 30% to currently trade at $0.0987. This rise has broken through the resistance level of $0.0914. This indicates that speculative interest and short-term trading momentum are improving.

This altcoin is now aiming to break the psychological resistance level at $0.1000. The correlation coefficient with Bitcoin for BAN is -0.27, showing a weak inverse movement. If Bitcoin shows a downtrend, BAN may gain independent momentum. If sustained demand continues, this meme coin could attempt the resistance area at $0.1094.

However, the volatility of the overall cryptocurrency market remains high. If investors begin to realize profits, selling pressure can increase rapidly. A drop to $0.0846 would signal weakened momentum. If this support is lost, BAN is exposed to additional downside risk around $0.0752, which would invalidate the current bullish outlook.