MemeCore Jumps 11% as Trading Volume Slips 4%
- —M rose 11% in 24 hours after rebounding from the 20-day EMA at $1.13
- —Trading volume fell 4% to $3.79 million, diverging from the price move
- —Open interest climbed 28% to $6.8 million, with longs at 54%
- —Rising OI signals speculative exposure and liquidation risk for longs
Why it matters: A rally without spot volume growth is fragile: a price reversal could force leveraged longs to unwind, adding selling pressure.
Source: AMBCrypto