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$M is bucking the general trend of the industry Memecoin down 21%, DOGE weak, recording a 10.2% increase supported by a 39% surge in trading volume $50 million.
š¹ Funding interest rate have turned positive since December 8th, signaling a dominance of buy order. Technical indicator are all in agreement RSI recovered from 21.50 to 41.27, and Aroon Up has surpassed Aroon Down, indicating initial accumulation.
šø The upward momentum is facing a key challenge at the fair value range (FVG) of $1.39 to $1.52. This is the structural ceiling.
š¹ A daily close above $1.52 opens the way to liquidity cluster at $1.82 ā $1.93.
Failure to break through this area confirm that the rally is only a temporary bounce.
Is this genuine, independent strength or just a liquidity hunt before a return to the industry sell off?
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