MEME: New Wallet Buys 10.2M Tokens for $753K
MEME sees fresh wallet spend 752,723 USDC on 10.2M tokens at $0.074, now holding $388K unrealized profit amid EMA50 support at $0.0.
SourceAnalysis
MEME drew aggressive accumulation as a wallet created one day prior spent 752,723 USDC to acquire 10.2M tokens at $0.074, now sitting on a $388K unrealized gain.
Price action on the 4h chart shows a bullish trend structure with EMA50 at $0.0 and EMA200 at $0.0 acting as concrete long-term support levels. Momentum remains neutral with RSI(14) at 58.28 while MACD(12,26) prints a bullish golden cross at 0.0. The token trades inside the Bollinger band, with upper resistance at $0.0 and lower support at $0.0, suggesting volatility exhaustion before any extension.
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