3 notable meme coins in the second week of September

The crypto market begins the new week with positive signals, despite most coins experiencing a slight correction in the previous week. Notably, the meme coin group continues to stand out as it records strong growth, attracting significant interest from investors.

In which, Nobody Sausage (NOBODY) leads with a surge of 62% over the past seven days, becoming the most prominent name in the market. Along with NOBODY, two other meme coins, Troll (TROLL) and Pump.fun (PUMP) also show lively developments, opening up many opportunities but also posing significant risks as we enter the final phase of Q3.

Troll (TROLL): Strong fluctuations, standing at a decisive threshold

TROLL has emerged as one of the most volatile meme coins currently. Over the past week, TROLL has increased by nearly 30%, but it has yet to break through the important resistance level.

Currently, this coin is trading at a support level of 0.15 USD, while the next resistance level is at 0.21 USD. The inflow of money into the market is improving, clearly reflected in the Chaikin Money Flow (CMF) indicator – a sign that indicates the potential for a new upward trend.

If the upward momentum continues to be maintained, TROLL could completely aim for the target of recovering to the all-time high (ATH) at the level of 0.28 USD – which is an increase of about 37% compared to the current price.

However, risks remain evident. If investors start to take profits early, TROLL could lose the support level of 0.15 USD, thereby opening up the possibility of a deeper decline to 0.13 USD or lower. In this case, the bullish trend would be invalidated, while also putting TROLL under strong selling pressure in the short term.

TROLL price chart 1 day | Source: TradingView## Pump.fun (PUMP): Take advantage of divergence with Bitcoin

In the past week, PUMP has risen nearly 30%, currently trading around 0.0046 USD. Although it has not yet been able to break through the resistance level of 0.0049 USD, this coin still maintains a stable upward trend.

Notably, PUMP has a negative correlation of -0.26 with Bitcoin. This means that BTC price fluctuations do not negatively affect PUMP; in fact, they even help this token maintain its upward momentum in the context of many large coins moving sideways.

If the demand continues to increase, PUMP could break through the 0.0049 USD mark and head towards the next target at 0.0056 USD in the upcoming trading sessions.

Conversely, in a scenario of mass profit-taking, PUMP could drop to 0.0041 USD or even 0.0038 USD. This scenario would wipe out all recent gains, while also negating the bullish outlook that has formed.

PUMP price chart 1 day | Source: TradingView## Nobody Sausage (NOBODY): Leading the meme coin game

Regarded as the "star" of the week, NOBODY recorded an impressive increase of 60%, bringing the price up to 0.084 USD. This coin has also established a solid support level at 0.07 USD, clearly reflecting strong interest from investors as well as new capital flowing into the meme coin market.

At the present time, NOBODY is approaching a significant resistance level at 0.1 USD – a barrier that could determine the short-term trend. If buying pressure continues to dominate, the possibility of NOBODY breaking out and extending its upward momentum is entirely feasible, thereby attracting more new capital.

However, like other meme coins, NOBODY faces the risk of being sold off for profit. In this case, the price could return to 0.07 USD, or even drop deeper to 0.056 USD. If that happens, the entire bullish argument will be invalidated, while also losing most of the recent growth achievements.

NOBODY price chart 1 day | Source: TradingViewThis week's picture shows that the meme coin group is the focal point of the cryptocurrency market, despite a slight correction from key coins. With strong increases from NOBODY, TROLL, and PUMP, short-term investors are seeing attractive profit opportunities.

However, it should be noted that meme coins are inherently highly speculative and volatile. Therefore, managing risks, setting reasonable stop-loss orders, and closely monitoring price movements are essential if you want to participate in this wave during the final stage of Q3.

Annie