1/ The Memecoin Liquidity Provider

This wallet made over 50M by providing liquidity for major memecoins like $UFD , $FARTCOIN, $ARC, and $WIF.

It also got significant profits from more "blue-chip" pools like $JUP and $JPL.

๐Ÿš€ $JUP/USDC โ€“ Technical Breakout in Progress?

$JUP is up +10.88% today, currently trading at $0.5280, showing clear signs of bullish momentum returning.

๐Ÿ”Ž Key Technical Indicators:

RSI(6): 78.14 โ€“ Overbought zone, suggesting a potential short-term correction.

MACD: 0.0102 โ€“ Bullish crossover confirmed, momentum still strong.

Bollinger Bands: Price has broken above the mid-band and is approaching the upper band ($0.5153), signaling a breakout attempt.

Volume: Increasing and above both MA(5) and MA(10), indicating strong buyer interest.

๐ŸŽฏ Future Price Target (Short-Term)

Support: $0.5000

Resistance Zones:

Near-term: $0.5700 โ€“ $0.5900

Strong resistance: $0.6300

If momentum continues and BTC remains stable, could target $0.60โ€“0.63 in the coming sessions.

๐Ÿ“Œ Not financial advice. Always DYOR.

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