2026-01-10 13:27:14

On January 10th, a popular Meme coin is currently priced at €0.1234, with a 24-hour decline of approximately 2.31%, and a trading volume of 265 million, maintaining market activity.

These types of coins are inherently volatile, and the slight downward trend is understandable. To participate in short-term trading, you need to first identify the key support and resistance levels.

From the recent week's market trend, it is recommended to focus on the following levels: monitor whether the support below can hold the previous lows, and for resistance above, refer to the recent high near the dense trading zone. In the short term, if the price hits the support level and shows a rebound signal, consider a small long position; conversely, if it rises and then faces resistance and falls back, be decisive in cutting losses.

Getting back to the main point, Meme coins indeed carry a higher risk factor—liquidity fluctuations, emotional trading, and concentrated risks. Even with technical support, it is essential to strictly control position sizes and avoid going all-in. It is advisable to use risk-controlled positions to test the effectiveness of support and resistance levels, gradually increasing positions after confirmation.

MEME-8.46%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

21 Likes

Reward
21
10
Repost
Share

Comment

0/400

MoonWaterDroplets

· 01-13 11:12

Meme coins are like this; a 2% drop is considered mild. The key is to stick to your stop-loss line and avoid getting trapped.

View OriginalReply0

MEVictim

· 01-13 09:28

Meme coins are like this, a 2% drop is like playing around, but the key is to hold the support level.

View OriginalReply0

GamefiHarvester

· 01-13 07:41

Falling again? Forget it, don't touch it. Meme coins are just gambling. I went all-in last time and lost everything.

View OriginalReply0

Ser_APY_2000

· 01-10 13:57

2.31% decline? That's considered a drop... it should have fallen earlier.

View OriginalReply0

Rekt_Recovery

· 01-10 13:57

ngl, 2.31% dip on a meme coin is basically a green day in my book... been there, done that, got the liquidation notice to prove it lmao

Reply0

rugged_again

· 01-10 13:50

When meme coins drop by 2%, they start analyzing support and resistance. I'm already tired of this routine. The key is that liquidity disappears without warning, and when you're trapped, you'll realize what real pressure is.

View OriginalReply0

BlockchainArchaeologist

· 01-10 13:49

It dropped again. This is meme coin, and the thrill is exciting but exhausting. I need to take another look at the chart for the support level; it feels like the strategies have all changed recently. Friends who went all-in probably cut their losses again. Do they really not learn their lesson?

View OriginalReply0

MeaninglessGwei

· 01-10 13:47

Meme coins are just gambling. Don't listen to any talk about support or pressure. Basically, it's a game where the house manipulates and harvests retail investors.

View OriginalReply0

MEVSandwich

· 01-10 13:47

That's how meme coins are. They drop by 2% and then start looking for bottom support, really thinking they're short-term experts haha

View OriginalReply0

WhaleSurfer

· 01-10 13:42

It's dropped again. This Meme coin is really a roller coaster, but a 2.31% change is nothing... The key is whether the support level can hold.

View OriginalReply0