Recently, the performance of a meme coin has indeed been eye-catching. It jumped directly from $0.00014 to a high of $0.0174, with a growth of 55.84%, breaking the 10 million market cap mark. On-chain holders have also accumulated to 6,489, and liquidity is approaching $900,000—this explosive momentum is definitely worth paying attention to.



From the candlestick structure, short-term support is relatively clear: the MA7 moving average is now forming a support zone around $0.0104, while the MA25 moving average has long been left behind ($0.0043). The bullish atmosphere is obvious, but after a surge, a correction has begun to appear. The key now is whether $0.0099 can hold—if this level collapses, it could trigger a deeper pullback.

The logic of meme coins always revolves around sentiment. This wave of heat and capital flow is quite good, and community participation is also increasing. However, the volatility of such tokens is a double-edged sword; during surges, they are easily tempted to chase higher, and during corrections, they often lack patience. Therefore, position management and risk awareness are indispensable.

What do you think about whether this wave of market can continue? Can the support levels hold? Share your opinions in the comments.
MEME-2,28%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
MevHuntervip
· 13m ago
0.0099 Breaks and you gotta run, this thing is just an emotional coin with no bottom --- Another meme coin... Always hyped like this, just wait to get cut --- Liquidity approaching 900,000? Sounds like a lot, but when it comes to dumping, it can't hold up at all --- Support levels for meme coins are just decorations, all depends on the market maker’s mood --- 6489 holders, sounds like many are retail investors, how can they possibly hold? --- The hype is too strong, I’d better wait and see --- Reaching 0.0174, the bulls have gone too far, a correction is inevitable --- The support level for this emotional coin is just paper-thin, don’t take it too seriously --- Can this wave continue? I think it’s uncertain, after the market cap breaks 10 million, there are too many trapped positions --- MA7 at 0.0104, I’m watching it, but the real support is still on-chain liquidity, 900,000 is simply not safe enough
View OriginalReply0
DYORMastervip
· 42m ago
0.0099 is really the critical threshold; if it breaks, you have to run. Meme coins are like that—once the sentiment flips, there's no room for negotiation.
View OriginalReply0
ShamedApeSellervip
· 01-09 16:52
0.0099 can it really hold? I'm a bit unsure... Should we wait until we see through it before talking?
View OriginalReply0
ValidatorVikingvip
· 01-09 16:51
nah the $0.0099 level is gonna crack hard tbh, meme coins always dump when liquidity dries up and that 90m looks shallow af
Reply0
GasDevourervip
· 01-09 16:42
Another bull trap like this, if $0.0099 doesn't hold I'm cutting losses and bailing out.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)