2026-01-18 08:31:54

Analysis of the Recent Trend of a Popular Meme Coin

【Short-term Market Judgment】
Price remains above the key intraday support level, with lower timeframes continuously forming higher lows. After a correction from the 24-hour high, buyers have orderly entered around 0.23–0.226, indicating that the buying support below is not weak. As long as the immediate support is maintained, the probability of surging towards recent highs and higher resistance levels is quite high.

【Technical Analysis】
The structure appears to be a short-term accumulation after a slight correction. For meme coins, maintaining healthy trading volume and staying above the support zone increases the likelihood of continued momentum. If the price can cleanly break above 0.245, the acceleration of the trend often follows.

【Trading Reference】
Long Opportunities:
• Entry Range: 0.232 – 0.236
• First Target: 0.245
• Second Target: 0.258
• Third Target: 0.272
• Stop Loss: 0.222 (key support level break)

The volatility nature of meme coins makes risk management crucial—position size and stop-loss must be strictly enforced.

【Short-term Outlook】
The recent trend is biased towards bullish. As long as 0.226 is held, the upward trend remains intact. If this level is broken, further declines may occur, and new trading opportunities will require waiting for bottom signals to appear.

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SundayDegen

· 9h ago

0.226 is really a support level that must be defended, otherwise we'll have to wait for the next bottom wave. It's a bit frustrating.

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SandwichDetector

· 14h ago

0.226 If we can't hold it, we have to admit defeat. Don't stubbornly hold on, buddy.

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ZKSherlock

· 01-18 09:01

actually... this whole support level thing assumes price discovery even matters for memes. ever wonder if we're just pattern-matching noise?

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CoffeeOnChain

· 01-18 09:00

0.226 If we can't hold it, let's wait for the bottom to buy in. Anyway, meme coins are like this, both ups and downs are just a show.

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ColdWalletAnxiety

· 01-18 09:00

0.226 Can this critical level hold? It feels a bit uncertain in this round.

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GhostInTheChain

· 01-18 08:55

0.226 If we can't hold it, let's wait for the dip. Meme coins are like this, very exciting.

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RetiredMiner

· 01-18 08:54

Here we go again, hyping the support level. If you believe in meme coins, you might as well believe in ghosts.

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DefiPlaybook

· 01-18 08:43

Is this the same old story of entering at 0.23 and taking profit at 0.27? Meme coins are just a game of throwing a tantrum [Dog Head] If the trading volume is truly healthy, then they dare to say it's going to surge? Let's wait for the on-chain whale data to see If you can't hold above 0.226, then don't bother talking. Just wait for the bottom signal This move is more exciting than harvesting APY from yield farming. Risk management, huh? That's easy to say Can it really cleanly break above 0.245? I think it's uncertain

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PumpDetector

· 01-18 08:37

ngl these support holds are textbook accumulation patterns... seen this movie before during the 2017 alt season, smart money always does this before the move. 0.226 is basically where the real test happens tbh

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