As major memecoins have displayed increased price volatility, this segment is back under discussion over the past few trading sessions. The Memecore (M) crypto has played a major role in this as its price has displayed major movements within a short period of time, making it the center of talks within the crypto community.
The memecore price chart has been displaying constant waves patterns over the past weeks and it is now on the path of potentially forming a massive swing-like pattern in the upcoming time.
Memecore is currently listed on CoinMarketCap at $0.4566 with a change of +20%. Moreover, it was trading between a high of $0.4654 and a low of $0.4523. The daily volume is about $36.75 million, which implies good activity even in the trading periods when there is no direction in prices.
With this, investors are keeping a close eye on whether the token can defend its position around the $0.395 or record a breakout to higher levels beyond $0.484.
M Memecoin Breaks Out Channel Pattern
The chart in the 4H time frame has formed a down-sloping channel pattern since August 4, 2025. Ideally, this pattern is considered as a bullish pattern in the longer time frame. Fast-forwarding to the recent candle, the memecore price has successfully breach the resistance of the trend pattern around $0.39 level and has further converted it into a support as seen in the chart.
However, it has failed to breach the $0.484 mark in the 4H time frame. The recent bounce off the lower band ($0.36) of the trend pattern indicates that the buyers are fighting for support as that price point is a potential entry point for investors.
Historically, this memecoin has displayed major volatility around the $0.36 mark and it has also acted as a key resistance during the last week of July 2025.
In case the bullish dominance is maintained, the token may retest the resistance zone of $0.5814 that is where it was during the earlier rally. On the negative side, the important support level stands strong at $0.3951 with its crucial low holding at $0.3083 respectively.
The Bear Bull Power (BBP) which is used to identify potential trend reversal by measuring the strength of buyers(bulls) and sellers (bears) in the market, is pointing to a little restoration in purchasing strength is currently at 0.0773 (positive). Moreover, with 5 consecutive green histograms, the technical indicators show increasing bullish share in the market. With this, the trend of the overall channel indicates caution until the decisive breakout is made.
Will MemeCore Price Maintain Bullish Momentum?
A break above $0.48 should be an inflow magnet and the beginning of a rally toward its upper price target of $0.58 level. Failing to do so, the M memecoin price may experience a pullback towards the $0.39 in case of a major sell-off, its lower support of $0.30 may be retested where it has taken support in the past.
Also Read: Mark Cuban Questions Future of Crypto IPOs As Bullish Stock Drop
Disclaimer: The Crypto Times does not endorse or promote this digital asset in any manner. This article was created only for educational purposes. Make sure to “DYOR” as the market is highly volatile. New positions should be done by traders being careful and awaiting volume-backed breakouts.
