🚀 Meme Coin Storm Approaching:
$PENGU $BONK and $POPCAT Ready to Explode!
While volatility continues unabated in the cryptocurrency market, investors are turning to memecoins again. There are three names that have attracted attention this week:
#pengu ,
#Bonk and
#POPCAT . Technical analysis signals show that these three memecoins are preparing the ground for a big rise. While positive signals in indicators such as both RSI and MACD are remarkable, the formations in the charts also indicate that sudden and sharp increases may be imminent.
🐧Pudgy Penguins (PENGU): The Bounce Has Started, Resistance is at the Door!
PENGU reacted upwards from a critical point where the horizontal support zone at $ 0.0088–0.0090 and the rising trend line met. This support zone formed a strong defense line against the selling pressure in the market.
There is an upward divergence in the RSI; While the price fell, the RSI made a higher low.
The MACD histogram is flattening out and the signal lines are approaching a potential bullish crossover.
However, the price is still below the 20-day EMA and 50-day SMA.
The critical resistance range: $0.012–$0.013. A volume breakout of this area could pave the way for a broader rally.
🔎 Summary: Momentum is building but the big breakout has not yet occurred. A daily close above $0.013 could be a sign of a strong uptrend.
🐶 BONK: About to Break Out of the Wedge!
Solana-based BONK has been stuck in a falling wedge formation for a while now. However, the price recently found support and bounced off the lower trendline. This move could be a sign of a new uptrend.
Support level: $0.00001470 – $0.00001510
First major target above: $0.00001650 – $0.00001680 (overlapping the EMA)
Major resistance zones: $0.00001860 and $0.00002100
Final target: $0.00002580 — overlapping the measured move of the wedge.
🧠 RSI and MACD: There is a slight positive divergence in the RSI. The MACD histogram is narrowing and the signal lines are preparing to cross.
🔎 Summary: BONK’s technical formation is a classic bullish “falling wedge” pattern. If the price makes a volume break above $0.00001680, we could see a rapid rally to $0.00002100 and above.
🐱 POPCAT: Cat Awakes, Eyes on $0.65!
POPCAT price also bounced up from the lower boundary after getting stuck inside the falling wedge formation. The current support area is concentrated between $0.30-0.33. Buying from this area suggests that the momentum is back in favor of the bulls.
Wedge upper trend: around $0.37-0.38 and aligned with the 20-day EMA.
First target: $0.42 (previous high and 50-day SMA resistance)
Second target: $0.50 (important psychological level)
Exact target: $0.60–$0.65 (measured breakout of the wedge)
📊 Indicators: There is a clear bullish divergence in the RSI. The MACD is moving towards an upward crossover.
🔎 Summary: POPCAT’s technical outlook suggests that an aggressive upward move could be triggered in a short time. In particular, a daily close above $0.42 could signal a new bull season.
📌 Conclusion: Is a New Era Beginning in Meme Coins?
While technical indicators for PENGU, BONK, and POPCAT are giving positive signals, critical resistance levels for major breakouts are about to be tested. An upward breakout of these levels could start a new rally wave in the memecoin market.
But it should not be forgotten: Memecoins are highly volatile and speculative assets. Therefore, risk management and market monitoring are of great importance before investing.
🧨 Investors beware! This silence could be a sign of a big storm. The charts are talking: Now is the time to turn on the radar!
#MarketRebound #BinanceAlphaAlert