MemeCore falls 27% – Traders, don’t miss THIS critical level next!

Key Points

1. MemeCore dropped 27% in 24 hours after a 107% rally the previous week, testing the $0.39 support level.

2. Over $912,800 worth of long positions were liquidated as traders reacted to the sell-off.

3. The price closed four consecutive 4-hour candles near $0.39, but bulls failed to regain momentum.

4. Netflow of $564,000 across exchanges in 72 hours and a Long/Short Ratio above 1.0 indicated mixed market sentiment.

5. Bearish divergence was signaled by declining Accumulation/Distribution (A/D) line and Chaikin Money Flow (CMF), with the CMF at -0.34.