Markets· ★★· bearish·

MemeCore drops 9.84% to $1.51 after 38.68% weekly rally

  • Price slid to $1.51 from a $1.68 open, after hitting $1.76 the previous day
  • RSI at 65.4 and a bullish MACD with Bollinger %B at 94.9 signaled prior overbought conditions
  • Immediate support sits at $1.46 (23.6% Fibonacci level), resistance at $1.53 and $1.68
  • Annualized volatility is 122.9%, with volume 6.03% above the 30-day average
Why it matters: The pullback signals the memecoin rally is fading amid broad risk-off; the $1.46 level will separate consolidation from a bearish reversal.
Source: DiarioBitcoin