🚀 $M (MemeCore) Analysis Update — Potential Reversal Zone?
💰 Current Price: $1.34867
📉 24H Change: -5.57%
🏦 Market Cap: $2.59B
$M is currently trading near the $1.33–$1.35 support zone after facing rejection from the recent high at $1.48. The 1H chart shows short-term bearish momentum, but price is approaching a key demand area where a potential bounce could occur.
📊 Technical Outlook:
Strong resistance: $1.40
Major resistance: $1.46 – $1.48
Key support: $1.33
Breakdown support: $1.28
If buyers defend the $1.33 zone, we could see a relief bounce toward upper resistance levels. A confirmed breakout above $1.40 may trigger stronger bullish momentum.
🎯 Trade Setup (Spot)
✅ Entry: $1.34 – $1.35
🎯 TP1: $1.40
🎯 TP2: $1.46
🎯 TP3: $1.48
🛑 Stop Loss: $1.28
Risk management is key — always size your position wisely.
⚠️ This is not financial advice. Always DYOR before investing.