$M These past two days have been incredibly strong. A lot of brothers are asking whether it’s still possible to chase.
Let me put it simply: the short-term trend is bullish, but chasing at the current price isn’t comfortable right now.
If what we’re talking about here is MemeCore ($M ), the current price is around $1.68. It’s up 60%+ in 24 hours, and in 7 days it’s nearly doubled. This kind of chart is definitely being driven by funds—it's not some coin that nobody is watching.
But the issue is also here: the move is too fast.
The 1-hour RSI is already around 73, and the price is also near the short-term highs. What are you most afraid of at a time like this? You get impatient and rush in—then it starts to pull back, and it gives you a lesson immediately.
I personally watch a few key areas:
Above 1.70: staying above it counts as confirmation to open more upside space
1.30 - 1.32: a strong pullback is best, and it should hold
A break below 1.20: be careful with the short term
Below $1: this bounce might be over
So my view right now is:
It can still go up—but it’s not suitable to blindly chase.
$M The circulating market cap is already over $2 billion, and the FDV is close to $9 billion. It’s no longer an early-stage tiny dog meme coin. If it wants to keep moving higher from here, it will need more capital and continued narrative momentum.
My strategy is very simple: wait for the pullback—don’t get carried away.
If it pulls back into the 1.30 - 1.50 area and can hold steady, and then breaks upward with increased volume, the structure will be much healthier. But if it just hard-pulls higher without enough volume, later it’s easy to see a big candle that hangs the brothers who chased at the top.
One sentence:
$M is very strong right now, but strong doesn’t mean you can chase it however you want. Earning a little less is fine—just don’t get so excited that you turn yourself into the bag-holder.
Let me put it simply: the short-term trend is bullish, but chasing at the current price isn’t comfortable right now.
If what we’re talking about here is MemeCore ($M ), the current price is around $1.68. It’s up 60%+ in 24 hours, and in 7 days it’s nearly doubled. This kind of chart is definitely being driven by funds—it's not some coin that nobody is watching.
But the issue is also here: the move is too fast.
The 1-hour RSI is already around 73, and the price is also near the short-term highs. What are you most afraid of at a time like this? You get impatient and rush in—then it starts to pull back, and it gives you a lesson immediately.
I personally watch a few key areas:
Above 1.70: staying above it counts as confirmation to open more upside space
1.30 - 1.32: a strong pullback is best, and it should hold
A break below 1.20: be careful with the short term
Below $1: this bounce might be over
So my view right now is:
It can still go up—but it’s not suitable to blindly chase.
$M The circulating market cap is already over $2 billion, and the FDV is close to $9 billion. It’s no longer an early-stage tiny dog meme coin. If it wants to keep moving higher from here, it will need more capital and continued narrative momentum.
My strategy is very simple: wait for the pullback—don’t get carried away.
If it pulls back into the 1.30 - 1.50 area and can hold steady, and then breaks upward with increased volume, the structure will be much healthier. But if it just hard-pulls higher without enough volume, later it’s easy to see a big candle that hangs the brothers who chased at the top.
One sentence:
$M is very strong right now, but strong doesn’t mean you can chase it however you want. Earning a little less is fine—just don’t get so excited that you turn yourself into the bag-holder.
