$M
🚨 M / MemeCore Market Update (HIGH VOLATILITY ZONE) 🚨
Price just bounced from 0.33 → 1.72 (+57%) after a brutal dump from the 3.50 peak.
📊 What’s happening now:
Strong rebound + volume spike = buyers returning
BUT trend still under major MAs (25 & 99)
Market structure = dead cat bounce or recovery start?
⚠️ Key levels to watch:
Resistance: 2.2 → 2.9
Support: 1.2 → 0.87
Breakdown risk: back to 0.33 zone
📉 Trend reality: Still in a macro downtrend Short-term = bullish relief Mid-term = not confirmed reversal yet
💡 Strategy mindset:
Take profit into strength (don’t FOMO)
Wait for confirmation above 2.6–3.0
Protect capital in chop zone
🔥 Conclusion: “Big bounce… but trend not broken yet.”
#trading
🚨 M / MemeCore Market Update (HIGH VOLATILITY ZONE) 🚨
Price just bounced from 0.33 → 1.72 (+57%) after a brutal dump from the 3.50 peak.
📊 What’s happening now:
Strong rebound + volume spike = buyers returning
BUT trend still under major MAs (25 & 99)
Market structure = dead cat bounce or recovery start?
⚠️ Key levels to watch:
Resistance: 2.2 → 2.9
Support: 1.2 → 0.87
Breakdown risk: back to 0.33 zone
📉 Trend reality: Still in a macro downtrend Short-term = bullish relief Mid-term = not confirmed reversal yet
💡 Strategy mindset:
Take profit into strength (don’t FOMO)
Wait for confirmation above 2.6–3.0
Protect capital in chop zone
🔥 Conclusion: “Big bounce… but trend not broken yet.”
#trading