The week started with a downturn in the cryptocurrency market, as Bitcoin fell below $116,000, followed by most altcoins and meme coins. But amid this decline, some meme coins showed remarkable performance!
📍 BeInCrypto highlights 3 meme coins to watch this week:
1. (BAN) 🚀: Rocketing by +31.6%!
· Current price: $0.068.
· Critical resistance: $0.069 (a solid barrier for a month).
· Bullish signals: The Parabolic SAR indicator supports the upward trend.
· Target scenario: A break above $0.069 could push the price to $0.074.
· Warning: A drop below $0.063 could undermine confidence and indicate a major correction.
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2. (USELESS) 💹: Resilience despite volatility!
· Weekly rise: +12% (trading at $0.292).
· Positive signal: Ichimoku Cloud indicates bullish momentum.
· Next target: If it breaks $0.364, it may aim for $0.441 (all-time high).
· Danger: A drop below $0.249 could end bullish hopes.
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3. (PENGU) 🐧: Collapse of -21%!
· Current price: $0.0314 (near monthly low).
· Glimmer of hope: Still above the 50-day moving average (EMA).
· Last chance: $0.0322 must be reclaimed to avoid further decline.
· Worst-case scenario: A drop to $0.028 or lower could send the coin into a downward spiral.
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📌 Summary:
· BAN and USELESS show bullish strength and need to monitor breakout levels.
· PENGU at risk... Will it succeed in bouncing back or succumb to pressure?
#عملات_ميم #كريبتو #Trading #Technical_Analysis #BAN #useless #PENGU 🚀