$memes is establishing a solid base on the 15-minute chart following a sharp impulsive move and subsequent healthy correction. The price action currently shows a consolidation phase where buyers are stepping in to defend the recent lows, indicating that the initial pump has transitioned into a steady accumulation period. With a significant percentage increase over the last session and sustained chain liquidity, the market structure remains optimistic for another leg up if it can clear the immediate resistance levels. A breakout above the recent consolidation zone would signal a return of bullish momentum to retest the previous local highs.
Target 1: 0.001627
Target 2: 0.001783
Target 3: 0.001903