The cryptocurrency market had a strong start to 2026, with meme coins leading the way. Some of the best-performing altcoins this week are meme coins. However, their rise may face resistance in the coming days as the risk of selling increases.
BeInCrypto has analyzed three such meme coins that have experienced significant rises but are at risk of possible declines in the second week of January.
Useless (USELESS)
USELESS has marked itself as one of the best tokens since the start of 2026. The meme coin rose by 78% over four days, lifting the price to $0.1118. Strong speculative interest and improved sentiment have driven the rise, placing USELESS as a high-volatility outperformer early in the year.
The rise helped USELESS reclaim the 50-day EMA as a short-term support level. This suggests short-term stability. However, such powerful meme coin rallies often attract profit-taking. Increased selling pressure could pull the price down towards $ 0.0950. Losing this level could lead to a deeper fall, even without going all the way down to $ 0.0690.
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If the bullish trend continues this week, USELESS could test the resistance at $ 0.1304. A break above this level could open up for new gains towards $ 0.1500. To achieve this, continued faith from holders and lower selling pressure after the recent rise is still required.
Brett (BRETT)
BRETT's price has risen 45% in the last four days and is currently trading near $ 0.0195. The meme coin is now facing an important resistance zone between $ 0.0203 and $ 0.0212. This supply block has previously halted the rise and may challenge the buying strength again.
Technical history suggests caution in this area. BRETT has experienced repeated rejections within this resistance zone during previous rallies. If the price repeats old patterns, a correction may occur. In that case, BRETT could fall back towards the support level of $ 0.0183, where buyers may try to mitigate losses.
Bullish continuation is still possible if momentum strengthens. A clear break above $ 0.0212 will signal increasing demand. If this level is breached, BRETT could test $ 0.0224. Sustained buying above that level could weaken the bearish scenario and open up further rises towards $ 0.0247.
Bonk (BONK)
BONK's price rose 23% in the last 24 hours, and the total increase since the beginning of the year is now 54%. The meme coin is trading around $ 0.00001154. Despite the strong performance, technical signals now indicate the possibility of a correction as buyers show signs of exhaustion.
The relative strength index is above the overbought threshold of 70.0, which often triggers profit-taking. Accumulation often reaches its peak here, so the willingness of sellers may increase. With $ 0.00001216 as resistance, BONK could fall below $ 0.00001103 and test $ 0.00001009.
Bullish development can continue if investors avoid selling. Sustained demand could lift BONK above $ 0.00001216 and towards $ 0.00001353. However, rapid rises can conceal the risk of saturation, meaning that assets that seem attractive after a sharp rise may pose increased downside risk.