Meme Coin Massacre: Buying Opportunity or a Warning to Exit? - adtechsolutions

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Meme Coin Massacre: Buying Opportunity or a Warning to Exit?


Briefly

  • Pepe fell by 12% while the whales escaped, starting a wave of panic in the markets of meme coins already withdrawn by war titles and macrontess.
  • The SPX6900 and Fartcoin break strongly as the ladder breaks down, interest is opened, and RSI signals go from euphoria to exhaustion.
  • Bitcoin dominance affects 63.83%, signaling a potential shift than high -risk token to a safer crypto currency.

Investors Meme Coin wake up on Monday in Krvoprolić, as the sector experiences a sharp two -core decays throughout the board.

Ethereum sign Pepe Passed 12% to $ 0.0010, SPX6900 dropped 11.55% to $ 1.40, and Dirty It dropped 8.99% to $ 1.13 in the last 24 hours. In fact, in the cryptocurrency market, only Monero, AB, Form and Bitcoin SV shows any profit and less than 1.5%. The question in mind every merchant is currently whether it is a golden opportunity to buy or start a deeper correction.

The wider crypto currency market has a significant pressure from sales because geopolitical tensions escalate, and traditional markets show signs of stress, creating a perfect storm for the mood of risk that is particularly difficult to affect speculative assets.

The Kripto slaughter does not happen isolated. Following the wave of air from Israel in Iran last Friday, S&P 500 also fell goods like gold and oil. Bitcoin domination has increased to 63.83%, which is a clear sign that investors rotate from more risky property to hedges. In traditional finances, this means moving from stock to goods; In Crypto, that means moving from Shitcoins to Bitcoin.

Pepe faces distribution guided whale

Ethereum token Pepe Trading Data. Picture: TraringView
Ethereum token Pepe Trading Data. Picture: TraringView

Pepe’s daily decline of 12% reflects the merger of bear factors that suggest more pain. The technical picture of the weekly chart shows clear distribution patterns: with price trade just below $ 0.000010, the coin broke below the critical levels of support.

Data on the chain showing the Netflows whales increased on June 16, signaling distribution and sales pressure. When the whales – defined in this case as addresses that control more than 1% supply supply – exchange tokens, usually precedes a significant price drop. There are few reasons to move meme coins to centralized exchange unless the bags are discarded.

Ethereum token Pepe Trading Data. Picture: TraringView
Ethereum token Pepe Trading Data. Picture: TraringView

Technical indicators paint an equally bear image. The relative strength index, or RSI, which measures whether the assets are overcrowded or transplanted, sits on a weekly time frame, indicating weakening of momentum without reaching the conditions that could initiate a bounce. The average orientation index, or ADX, shows at the age of 26, shows the trend of a bear market that gains strength. ADX measures trend power regardless of direction.

Key viewing levels include 0,0000104 USD Fibonacci Swing low – interruption below this level could start cascading liquidation and expand losses to $ 0.0000085. The 50-day EMA (average price in the last 50 days) approximately $ 0.0000118 now acts as resistance, which makes any recovery attempts likely to face sales pressure.

SPX6900 tests its bull

SPX6900 coin trading data. Picture: TraringView
SPX6900 coin trading data. Picture: TraringView

The SPX6900 -A drop of 11.55% comes after an extraordinary driving in which Token got 230% between May and June. He currently traded $ 1.50, a meme coin that mockingly positions because the S&P 500 Crypto experiences a classic case of taking profits after reaching an unsustainable height.

What appears always goes down.

The weekly chart reveals the consolidation of the SPX6900 within the large symmetrical pattern of the triangle, and the candle in the current week threatens to break under the lower trend. The RSI has cooled from an excessive level above 75 to 69 (without meme), while ADX at 26 suggests that the previous strong trend loses momentum, but it is still in the game.

Critical support is $ 1.30. A week close to this level would confirm the fault of the triangle and could accelerate the sales according to $ 1.08, where the short -term EMA provides potential support. The next resistance can be placed at about $ 1.80 if the bull trend remains firm.

Fartcoin meets a market reality

Fartcoin Token Fartcoin trading information. Picture: TraringView
Fartcoin Token Fartcoin trading information. Picture: TraringView

Fartcoin’s 8.99% decline can seem modest compared to its peers, and only a normal day of Degen’s life, but the technical setting suggests that this meme coin with headquarters in Solana face significant winds. By tearing $ 1.13, Token fights for maintaining momentum after his parabolic rise.

The daily chart shows Fartcoin trapped in a small short designing channel, with a candle testing the lower limit in the current week. A wider view shows that although things look bull, token last high on June 25th at $ 1.50, USD failed to match high Mark May of $ 1.60. This could signal that bulls can stimulate recovery after bear correction but not enough to maintain a tempo that had a few weeks ago

ADX Reading 17 indicates a lack of aimed power, suggesting that the Token is caught in the consolidation phase that could be resolved in any direction. However, with RSI on 37 on a weekly time frame and 47 in the daytime place, it seems that traders are potentially be a bear, trying to sell their coins quickly.

Buy DIP or run for hills?

Technical evidence in all three main coins meme suggests that this correction has a further launch room (and in a bad way). The combination of whale distribution in Pepe, derivatives that are being unwrapped in the SPX6900 and the technical breakdown in Fartco’s painting a picture of the sector that has experienced necessarily but painful reset after unsustainable gains.

However, for opposite investors with strong risk tolerance, these levels may be accumulated options. History shows that panic sales rarely lead to smart decisions, and markets usually transfer money from impatience to the patient. But it is not like we recommend patience (or we recommend anything, really) with meme coins, which are known for their short lifestyle.

The key differential will be a bitcoin path and resolution of current geopolitical tensions. If Bitcoin can have more than $ 100,000 and tension in the Middle East, meme coins could see a relief rally – mitigation of BTC, but with more volatility. But with the increase in the dominance of bitcoin and Altcoin season index At extreme falls, the slightest resistance path seems to be lower for these speculative tokens.

Altcoin season index
Altcoin season index. Picture: screenshot

For the traders who consider enter, waiting for clear support and momentum shifts would be cautious. Pepe must regain $ 0.00118, SPX6900 has to defend $ 1,30, and Fartcoin requires a shift above $ 1.28 to signal the potential DNA. Until then, a meme coin massacre may have a few more casualties to be sought.

Waiver

The views and opinions the author expressed only for information purposes and do not represent financial, investment or other advice.

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