{"id":6738,"date":"2025-08-04T19:20:13","date_gmt":"2025-08-04T19:20:13","guid":{"rendered":"https:\/\/bitunikey.com\/news\/memecore-surges-24-14-with-a-bullish-elliott-wave-structure-targeting-0-77\/"},"modified":"2025-08-04T19:20:20","modified_gmt":"2025-08-04T19:20:20","slug":"memecore-surges-24-14-with-a-bullish-elliott-wave-structure-targeting-0-77","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/memecore-surges-24-14-with-a-bullish-elliott-wave-structure-targeting-0-77\/","title":{"rendered":"MemeCore surges 24.14%\u00a0with a bullish Elliott wave structure targeting $0.77"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">MemeCore has surged 24.14%, confirming a breakout above a key range high. The move signals an active bullish Elliott Wave count with further upside in play if key levels hold.<\/p>\n<div id=\"cn-block-summary-block_853461b2d029502e80f3b46ec3e1086e\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>MemeCore is in Wave 3 of a bullish Elliott Wave sequence targeting $0.77.<\/li>\n<li>$0.62 is the key resistance to flip for continuation.<\/li>\n<li>$0.52 serves as the ideal corrective support if Wave 4 begins.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>After trading sideways for weeks, MemeCore has now confirmed a structural breakout with strong impulsive momentum. The price held a critical support zone before launching into a rally that now challenges major resistance. Technical confluence supports a bullish continuation if resistance breaks or if a healthy correction occurs first.<\/p>\n<h2 class=\"wp-block-heading\">Key technical points<\/h2>\n<ul class=\"wp-block-list\">\n<li><strong>High Time Frame Support: <\/strong>Confirmed at $0.32 with multiple successful retests.<\/li>\n<li><strong>Current Resistance: <\/strong>$0.62 (value area high and Fibonacci pivot).<\/li>\n<li><strong>Next Bullish Target: <\/strong>$0.77 based on Fibonacci extension if structure holds.<\/li>\n<\/ul>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14402624\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">MEMECORE\/USD (4H) Chart, Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>After several successful tests of high time frame support at $0.32, MemeCore established a strong base. This support coincides with the value area low, where repeated bounces signaled consistent buyer presence. Once the point of control was reclaimed, a strong impulsive move was triggered.<\/p>\n<p>This rally drove price directly into the $0.62 resistance zone, which is in technical confluence with the value area high and a key Fibonacci level. MemeCore is now testing this region. Whether it holds or breaks will determine the immediate short-term path.<\/p>\n<p>The structure appears to follow a textbook Elliott Wave pattern. MemeCore is likely in the third wave of a five-wave bullish sequence. Wave 3 is often the most explosive, which aligns with the strong 24% move. However, a rejection at current levels may lead to a short-term corrective phase.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>If a Wave 4 correction begins, support could be found around $0.52. This zone aligns with a 1:1 corrective move relative to Wave 2. If price holds this support, the next move higher would likely be Wave 5, completing the structure into the Fibonacci extension zone near $0.77.<\/p>\n<p>This extension is based on trend-based projections from the early impulse, and represents a high-probability zone if structure remains intact. Volume trends support the current move, indicating the rally is driven by strong market participation.<\/p>\n<p>If MemeCore breaks cleanly above $0.62, it would invalidate the corrective scenario and signal a continuation of Wave 3 toward the $0.77 region. Either scenario remains technically bullish provided $0.52 holds as support in the case of a pullback.<\/p>\n<h2 class=\"wp-block-heading\">What to expect in the coming price action<\/h2>\n<p>A clean breakout above $0.62 would open the door to $0.77. If rejected, a short correction to $0.52 is expected before the next leg. Market structure remains bullish as price action resembles an Elliott Wave Impulse.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MemeCore has surged 24.14%, confirming a breakout above a key range high. The move signals an active bullish Elliott Wave count with further upside in play if key levels hold.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6738","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=6738"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6738\/revisions"}],"predecessor-version":[{"id":6739,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/6738\/revisions\/6739"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1067"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=6738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=6738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=6738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}