Analysis of the Recent Trend of a Popular Meme Coin

【Short-term Market Judgment】
Price remains above the key intraday support level, with lower timeframes continuously forming higher lows. After a correction from the 24-hour high, buyers have orderly entered around 0.23–0.226, indicating that the buying support below is not weak. As long as the immediate support is maintained, the probability of surging towards recent highs and higher resistance levels is quite high.

【Technical Analysis】
The structure appears to be a short-term accumulation after a slight correction. For meme coins, maintaining healthy trading volume and staying above the support zone increases the likelihood of continued momentum. If the price can cleanly break above 0.245, the acceleration of the trend often follows.

【Trading Reference】
Long Opportunities:
• Entry Range: 0.232 – 0.236
• First Target: 0.245
• Second Target: 0.258
• Third Target: 0.272
• Stop Loss: 0.222 (key support level break)

The volatility nature of meme coins makes risk management crucial—position size and stop-loss must be strictly enforced.

【Short-term Outlook】
The recent trend is biased towards bullish. As long as 0.226 is held, the upward trend remains intact. If this level is broken, further declines may occur, and new trading opportunities will require waiting for bottom signals to appear.