đ Technical Analysis â MemeCore ($M)
MemeCore ($M) is going through a healthy and necessary correction after its recent rally. Price has retraced and is holding strong above the $1.50 psychological support, showing that selling pressure is fading and bulls are stepping back in around key EMA levels.
What makes $M stand out is that its momentum is not dependent on the overall market. The main catalyst is the upcoming MemeMax Perp DEX launch this month, which is expected to increase $M utility via trading fee rewards and staking incentives.
đ The chart is currently compressing inside an accumulation zone. A strong internal volume spike could trigger a move toward the $1.77 resistance, making current levels look like a discounted accumulation area before the next utility-driven expansion.
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đ Futures Market Signals â $M Long Setup
đš Aggressive Entry (Now)
⢠Entry: $1.50 â $1.55
⢠Take Profit: $1.70 â $1.80
⢠Stop Loss (1.5%): $1.40
đš Safe Entry (Pullback Buy)
⢠Entry: $1.42 â $1.46
⢠Take Profit: $1.68
⢠Stop Loss: $1.38
â ď¸ Trade with proper risk management. Market conditions can change anytime.
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