Jager shows that it bounced from a support level close to the EMA50 (the yellow line) and rose by about 22%, but:
The RSI is currently in the middle of the range (around 55), meaning it is neither in overbought nor oversold territory.
There was a strong rise in the last candle, which may attract speculators, but there is also a possibility of a correction soon.
The MEME coin is on the BSC network, and this type is often high-risk with very high volatility.
The small market cap and low liquidity make it susceptible to price manipulation.
📌 If you are considering buying, it's best to enter with a small amount that you can afford to lose, and watch for the resistance level near 0.00000000141, because if it doesn't break through, it might drop back to test the support around 0.00000000097.
