- MEME forms inverse head-and-shoulders, targeting $0.0035+ if it clears $0.0025 neckline, per @WorldOfCharts1 ‘s fresh analysis.
- Token delivered 125% gains from August calls, trading at $0.002328 with $22M volume amid altcoin rotation signals.
- Bullish setup hinges on volume confirmation; failure risks drop to $0.0018, but upside potential eyes 50% rally in meme frenzy.
In the meme coin arena, where hype meets technicals, Memecoin (MEME) is scripting a sequel to its summer surge. Trading at $0.002328 as of September 29, 2025, with a 24-hour volume of $22.5 million, MEME has clawed back from sub-$0.002 lows earlier this month. Veteran chartist @WorldOfCharts1, known for spotting multi-bagger setups, just flagged a bullish inverse head-and-shoulders pattern forming on the daily chart—a classic reversal signal that’s delivered in past cycles.
The setup? A clear horizontal neckline at around $0.0025, drawn from recent swing highs. If MEME punches through with conviction—ideally on rising volume—it could target $0.0035 or higher, implying 50%+ upside from current levels. This isn’t pie-in-the-sky; the analyst’s August 23 call already netted followers 125% profits from an earlier breakout and retest, turning a $0.0012 entry into a tidy win. Back then, MEME was rebounding from a brutal July dip, fueled by broader meme mania and Ethereum’s ecosystem buzz.
Fast-forward to now: With Bitcoin stabilizing above $90K and altseason whispers growing louder, MEME’s narrative as a “people’s meme” token—decentralized, community-driven, and tied to viral trends—positions it for rotation inflows. The token’s market cap sits at roughly $200 million, leaving ample room for growth without the baggage of trillion-dollar giants. Yet, risks lurk: A failure to hold $0.002 support could invalidate the pattern, sending it back to $0.0018 lows. Macro headwinds, like lingering Fed caution or regulatory jitters, add volatility—meme coins thrive on sentiment, after all.
@WorldOfCharts1’s thread echoes a timeless TA mantra: Patterns confirm, but conviction comes from retests. The August 18 precursor post nailed the recovery bounce, and today’s update screams “encore.” For traders, this is a watchlist staple—scale in on a neckline break, trail stops below the right shoulder. Long-term holders? MEME’s deflationary mechanics and staking yields could compound if adoption spikes amid 2025’s bull thesis.
As meme coins like PEPE and FLOKI vie for dominance, MEME’s chart poetry might just steal the show. In crypto’s theater of the absurd, sometimes the simplest patterns yield the wildest rewards. Stay charted, stay nimble.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
