MemeCore has recorded a 24.14% increase, confirming a breakout above a key level. This event indicates potential further gains if support levels are maintained.
Overview of MemeCore
MemeCore is currently in Wave 3 of a bullish Elliott Wave sequence, targeting $0.77. Key resistance for continuation is at $0.62, while the ideal support level if a correction begins lies at $0.52.
Technical Aspects and Levels
MemeCore confirms support at $0.32, as evidenced by multiple successful tests. The current resistance zone is at $0.62, coinciding with the value area high and a Fibonacci level.
Future Perspectives and Expectations
If MemeCore breaks above $0.62, it would pave the way to $0.77. Conversely, a short correction to $0.52 is expected before the next leg. The current structure remains bullish if $0.52 holds as support.
Current data and expected trends for MemeCore indicate a bullish trend with increasing market interest. The breakout at $0.62 will be a key moment for further gains.
