Recently, the performance of a meme coin has indeed been eye-catching. It jumped directly from $0.00014 to a high of $0.0174, with a growth of 55.84%, breaking the 10 million market cap mark. On-chain holders have also accumulated to 6,489, and liquidity is approaching $900,000—this explosive momentum is definitely worth paying attention to.

From the candlestick structure, short-term support is relatively clear: the MA7 moving average is now forming a support zone around $0.0104, while the MA25 moving average has long been left behind ($0.0043). The bullish atmosphere is obvious, but after a surge, a correction has begun to appear. The key now is whether $0.0099 can hold—if this level collapses, it could trigger a deeper pullback.

The logic of meme coins always revolves around sentiment. This wave of heat and capital flow is quite good, and community participation is also increasing. However, the volatility of such tokens is a double-edged sword; during surges, they are easily tempted to chase higher, and during corrections, they often lack patience. Therefore, position management and risk awareness are indispensable.

What do you think about whether this wave of market can continue? Can the support levels hold? Share your opinions in the comments.