24 hours -30%, this K-line with ID $MEME directly buried the late-chasers.😅
Spot + Alpha, two segments combined, traded $11.63M. The volume isn’t small, but paired with this kind of drop, it’s clearly panic selling getting dumped out. From the 24h high to the low, 0.0419 was smashed down to 0.0256, with almost no decent bounce in between—classic one-way selloff structure.
I glanced at the on-chain data: the big-holder addresses didn’t really move much; it was mainly small retail cutting out. In this kind of situation, it’s actually better to stay calm—recently the whole $MEME track has been in a downturn/withdrawal of momentum, and funds have all been chasing AI agents and RWA. This leg of $MEME has basically been “bled” (drained).
For the short term: can 0.0256 hold as the low? If it can’t, there’s still room for further downside. Don’t rush to bottom-pick—wait for a contraction in volume and stabilization.
Do you think this move is a shakeout, or a real breakdown? Let’s discuss in the comments.👇
$MEME #行情分析 #On-chain data
Spot + Alpha, two segments combined, traded $11.63M. The volume isn’t small, but paired with this kind of drop, it’s clearly panic selling getting dumped out. From the 24h high to the low, 0.0419 was smashed down to 0.0256, with almost no decent bounce in between—classic one-way selloff structure.
I glanced at the on-chain data: the big-holder addresses didn’t really move much; it was mainly small retail cutting out. In this kind of situation, it’s actually better to stay calm—recently the whole $MEME track has been in a downturn/withdrawal of momentum, and funds have all been chasing AI agents and RWA. This leg of $MEME has basically been “bled” (drained).
For the short term: can 0.0256 hold as the low? If it can’t, there’s still room for further downside. Don’t rush to bottom-pick—wait for a contraction in volume and stabilization.
Do you think this move is a shakeout, or a real breakdown? Let’s discuss in the comments.👇
$MEME #行情分析 #On-chain data