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MemeCore (M) Rebounds 25% Off 0.382 Fib, Eyes $4 Breakout

BeInCrypto
MemeCore (M) surged 25% from its Fibonacci support level, with technical indicators suggesting a potential breakout toward the $4 price range.

Summary

MemeCore (M) recently jumped 25% after finding support at the 0.382 Fibonacci retracement level of $2.59. Analysts are monitoring a thin liquidity pocket near $3.40, noting that a successful break above the $3.68 resistance could clear the path toward $4 and beyond. Technical indicators, including a recovering RSI and positive MACD momentum, support a bullish outlook, provided the asset holds its critical $2.60 support floor.

(Source:BeInCrypto)