2025-12-17 22:14:34

MEMECORE($M) has seen a good increase recently, but the trend has shifted a bit lately. After the obvious double top pattern appeared, the situation started to worsen.

The most heartbreaking part is that the previous support level has now become a resistance level. Such reversals usually don't bode well. From a technical perspective, caution is still advised in the short term. Friends holding positions should reconsider their strategies, especially in terms of risk management, which cannot be relaxed.

M1.72%

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OnchainHolmes

· 12-20 21:58

The double top indicates it's time to run; how many people have been fooled by the old trick of support turning into resistance?

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digital_archaeologist

· 12-18 21:12

The double top has dropped, as expected, I didn't run away. The previous support level is now the ceiling. We've seen this pattern too many times.

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LuckyBlindCat

· 12-17 22:44

The double top crashing down means it's over. The support turning into resistance is a common trick. Should I cut or not? I'm so torn.

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MiningDisasterSurvivor

· 12-17 22:42

It's another double top. I've experienced it many times before, and back in 2018, it was even worse. Turning support into resistance basically means there's no real buying pressure. Quickly check if your stop-loss is set properly.

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UncommonNPC