WLFI's listing has created a surge, MemeCore is hitting 1 dollar, and Four Token's technicals are facing a critical point.

The crypto market has seen strong performing stocks again, with MemeCore (M), World Liberty Financial (WLFI), and Four (FORM) shining in the past 24 hours, among which MemeCore leads the rise and approaches the $1 milestone. WLFI completed its listing with the support of President Trump, continuing its upward momentum; Four Token is facing a test of the key support at $3.00 on the technical side.

MemeCore leads the pump, buying pressure hits the 1 dollar mark

(Source: Trading View)

Latest pump: +5%, up for five consecutive days

Historical high: Reached $1.13 on August 30

Key resistance: $0.898 (4-hour chart highest closing price)

Technical indicators:

RSI is at 70, close to the overbought zone, indicating strong buying pressure.

There is a bearish divergence signal (RSI high is below price high)

MACD and the signal line are both in the positive area.

Short-term observation: If it breaks through 0.898 USD, it is expected to directly target the psychological level of 1.00 USD; if it retraces, 0.7382 USD is an important support level.

WLFI continues to pump after listing, and the buyback and burn plan attracts attention

(Source: CMC)

Latest pump: +7% (continuously rising after listing)

Fundamental catalysts:

The official launch of 100% buyback of WLFI with POL (formerly MATIC) trading fees.

The repurchased tokens will be directly destroyed to control circulation and reduce selling pressure.

Market expectation: If the upward trend continues, WLFI is expected to challenge the 0.50 USD threshold.

Investor sentiment: The buyback and burn plan is seen as a long-term positive, enhancing market confidence in WLFI.

Four Token (FORM) struggles above the 3.00 dollar support

(Source: Trading View)

Latest price: $3.18 (bouncing back from an intraday low of $3.05)

Technical Form: 4-hour chart breakout from a descending wedge, but rebound momentum is insufficient.

Key resistance: $3.42 (expected to challenge $4.00 after breakout)

Technical Indicators:

MACD and the signal line have fallen into negative territory, indicating increased selling pressure.

RSI is at 38, close to the oversold zone, and there may be a technical rebound in the short term.

Risk warning: If it falls below the psychological barrier of 3.00 USD, it may test the Monday low of 2.76 USD.

Summary and Investment Observation

Short-term strength: MemeCore's technical indicators continue to be bullish, aiming for $1.

Fundamental bullishness: WLFI repurchase and burn plan supports the price.

Technical pressure: Four Token needs to hold the 3.00 USD support, otherwise the risk of a drop increases.

Investors should closely monitor the resistance breakout of MemeCore, the repurchase progress of WLFI, and the support defense of Four Token. The trends of these three may become the focus of the short-term crypto market.