#TrendTradingStrategy

#memecore Showing Strong Momentum Post Carnival

Following its recent listing celebration which includes the bingx carnival , $M has gained notable trend across the market. The token has surged over 80% today, with steady growth over the past four days.

On-chain data signals strength: large wallets have been actively accumulating, while supply held on platforms continues to decrease. Derivatives market interest has also risen, with a 40% increase in open interest and sustained positive funding.

Price is currently holding above key levels, supported by volume and trend indicators. If current conditions persist, $M may continue building momentum in the short term.

 This phase could just be the start if the market maintains above the 0.40–0.35 range. A confirmed push past 0.50 might open the door to a larger move.