🔥$M JUST WOKE UP — 35% PUMP! 🚀
MemeCore has been moving hard while most memecoins are still struggling. $M broke above $1.70 and pushed all the way to $1.77, marking a fresh 2-month high. 📈
What caught my attention is the derivatives activity. Open Interest jumped around 44% to $25.7M, while derivatives volume exploded 91% to $39M. That tells me traders are suddenly getting very active here.
Binance traders are also leaning more toward longs, with the Long/Short ratio near 1.89. But overall positioning is still mixed, so this move isn't completely risk-free.
The interesting part? RSI is already around 78 — strong momentum, but also getting overheated. 🔥
For me, $1.80 is the key level now. If bulls can flip and hold it, $2 becomes the next psychological target.
But if profit-taking gets stronger, don't be surprised to see $M cool down toward $1.20.
35% in one day is powerful… but now the real question is whether buyers can HOLD the breakout. 👀
#m #pump
MemeCore has been moving hard while most memecoins are still struggling. $M broke above $1.70 and pushed all the way to $1.77, marking a fresh 2-month high. 📈
What caught my attention is the derivatives activity. Open Interest jumped around 44% to $25.7M, while derivatives volume exploded 91% to $39M. That tells me traders are suddenly getting very active here.
Binance traders are also leaning more toward longs, with the Long/Short ratio near 1.89. But overall positioning is still mixed, so this move isn't completely risk-free.
The interesting part? RSI is already around 78 — strong momentum, but also getting overheated. 🔥
For me, $1.80 is the key level now. If bulls can flip and hold it, $2 becomes the next psychological target.
But if profit-taking gets stronger, don't be surprised to see $M cool down toward $1.20.
35% in one day is powerful… but now the real question is whether buyers can HOLD the breakout. 👀
#m #pump
