{"id":398669,"date":"2025-07-16T12:22:52","date_gmt":"2025-07-16T06:52:52","guid":{"rendered":"https:\/\/dripp.zone\/news\/memecore-falls-27-traders-dont-miss-this-critical-level-next-crypto-news\/"},"modified":"2025-07-16T12:27:04","modified_gmt":"2025-07-16T06:57:04","slug":"memecore-falls-27-traders-dont-miss-this-critical-level-next-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/memecore-falls-27-traders-dont-miss-this-critical-level-next-crypto-news\/","title":{"rendered":"MemeCore falls 27% &#8211; Traders, don\u2019t miss THIS critical level next! &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<h2><strong>Key Takeaways<\/strong><\/h2>\n<ul>\n<li><em>MemeCore dropped 27% on the 15th of July, testing a critical $0.39 support. While Funding Rates and Long\/Short Ratio favor bulls, on-chain data shows outflows and distribution, hinting that the trend may soon flip.<\/em><\/li>\n<\/ul>\n<hr\/>\n<p class=\"p1\"><span class=\"s2\">After a sensational 107% rally over the past week, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/memecoins-fall-back-as-smart-money-chases-real-utility-what-happens-now\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">MemeCore [M]<\/a> showed its first signs of fatigue on the 15th of July.<\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">The memecoin dropped by 27% in 24 hours, at press time, bringing it to a critical juncture. It traded at a support zone that could determine whether a rebound is possible or if recent gains will be wiped out.<\/span><\/p>\n<h2 class=\"p3\"><strong>MemeCore hanging by a thread?<\/strong><\/h2>\n<p class=\"p1\"><span class=\"s2\">M\u2019s past day drop has triggered heavy liquidations in the derivatives market. Over $912,800 worth of long positions have been <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/M\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">burned<\/a>, as traders capitulated in response to the sell-off.<\/span><\/p>\n<p class=\"p1\">As of the 15th of July, the price had closed four consecutive 4-hour candles near the $0.39 support, according to TradingView. Despite several intraday bounces, bulls failed to reclaim momentum.<\/p>\n<div id=\"attachment_511338\" style=\"width: 1291px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-48-36.png\" data-wpel-link=\"internal\"><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-511338\" class=\"size-full wp-image-511338\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-48-36.png\" alt=\"M price action chart.\" width=\"1281\" height=\"616\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-48-36.png 1281w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-48-36-300x144.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-48-36-1024x492.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-48-36-768x369.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-48-36-1200x577.png 1200w\" sizes=\"auto, (max-width: 1281px) 100vw, 1281px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-511338\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<\/div>\n<p>Without support below this range, a breakdown could cascade into a larger drop\u2014unless spot buyers step in with strength.<\/p>\n<p>The sideways action also signals a lack of conviction, as traders wait for stronger cues before repositioning.<\/p>\n<h2 class=\"p3\"><strong><span class=\"s3\">What does the broader market sentiment say?<\/span><\/strong><\/h2>\n<p class=\"p1\">While the sell-off was severe, derivatives data still indicated an optimistic outlook.<\/p>\n<p class=\"p1\"><span class=\"s2\">Data from <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/currencies\/M\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">CoinGlass<\/a> revealed that MemeCore saw a Netflow of $564,000 across centralized exchanges over the past 72 hours, pointing to continued accumulation by retail and whale investors.<\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">At the same time, the Long\/Short Ratio has held above 1.0, reinforcing a bias toward bullish bets, even as bearish pressure mounted.<\/span><\/p>\n<div id=\"attachment_511337\" style=\"width: 1289px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/QIhXRl-d.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-511337\" class=\"wp-image-511337 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"M funding rating.\" width=\"1279\" height=\"664\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/QIhXRl-d.png 1279w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/QIhXRl-d-300x156.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/QIhXRl-d-1024x532.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/QIhXRl-d-768x399.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/QIhXRl-d-1200x623.png 1200w\" data-lazy-sizes=\"(max-width: 1279px) 100vw, 1279px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/QIhXRl-d.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-511337\" class=\"wp-image-511337 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/QIhXRl-d.png\" alt=\"M funding rating.\" width=\"1279\" height=\"664\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/QIhXRl-d.png 1279w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/QIhXRl-d-300x156.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/QIhXRl-d-1024x532.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/QIhXRl-d-768x399.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/QIhXRl-d-1200x623.png 1200w\" sizes=\"auto, (max-width: 1279px) 100vw, 1279px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-511337\" class=\"wp-caption-text\">Source: Coinalyze<\/p>\n<\/div>\n<p class=\"p1\"><span class=\"s2\">Adding to the bullish tilt is the surge in MemeCore\u2019s Funding Rate, which stood at 0.0094, as of writing, according to <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coinalyze.net\/memecore\/funding-rate\/\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">Coinalyze<\/a>. <\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">A positive Funding Rate suggests that long positions dominate the market, with traders paying a premium to maintain their positions.<\/span><\/p>\n<h2 class=\"p3\"><strong><span class=\"s3\">Bearish picture in sight<\/span><\/strong><\/h2>\n<p class=\"p1\"><span class=\"s2\">Technical indicators presented a contrasting narrative.<\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">The Accumulation\/Distribution (A\/D) line and Chaikin Money Flow (CMF) were both trending lower, signaling a bearish divergence.<\/span><\/p>\n<p class=\"p1\">The A\/D Line showed a distribution of over 32 million M tokens in the prior 24 hours, confirming selling pressure from larger wallets.<\/p>\n<p class=\"p1\"><span class=\"s2\">The CMF remains in negative territory with a reading of -0.34, suggesting that outflows are exceeding inflows, an indication that bears are applying downward pressure.<\/span><\/p>\n<div id=\"attachment_511343\" style=\"width: 1291px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-59-18.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-511343\" class=\"size-full wp-image-511343\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"M technical indicators chart.\" width=\"1281\" height=\"616\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-59-18.png 1281w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-59-18-300x144.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-59-18-1024x492.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-59-18-768x369.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-59-18-1200x577.png 1200w\" data-lazy-sizes=\"(max-width: 1281px) 100vw, 1281px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-59-18.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-511343\" class=\"size-full wp-image-511343\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-59-18.png\" alt=\"M technical indicators chart.\" width=\"1281\" height=\"616\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-59-18.png 1281w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-59-18-300x144.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-59-18-1024x492.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-59-18-768x369.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/07\/MUSDT_2025-07-15_13-59-18-1200x577.png 1200w\" sizes=\"auto, (max-width: 1281px) 100vw, 1281px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-511343\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<\/div>\n<p class=\"p1\"><span class=\"s2\">MemeCore\u2019s next move hinges on how market sentiment shifts. <\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">If both the spot and derivatives markets turn bearish, a further drop seems likely.<\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">However, if technical indicators flip bullish, the ongoing pullback could prove to be just a corrective phase, setting the stage for another rally.<\/span><\/p>\n<div class=\"post-nav\">\n<div class=\"next-blog\">\n\t\t\t\t\t\t\t\t\t\t\tNext: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/xrps-technical-indicators-flash-green-but-is-the-price-really-close-to-a-breakout\/\" rel=\"prev\" data-wpel-link=\"internal\">XRP\u2019s technical indicators flash green, but is the price really close to a breakout?<\/a>\t\t\t\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways MemeCore dropped 27% on the 15th of July, testing a critical $0.39 support. While Funding Rates and Long\/Short Ratio favor bulls, on-chain data shows outflows and distribution, hinting that the trend may soon flip. After a sensational 107% rally over the past week, MemeCore [M] showed its first signs of fatigue on the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":398670,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-398669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/398669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=398669"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/398669\/revisions"}],"predecessor-version":[{"id":398671,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/398669\/revisions\/398671"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/398670"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=398669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=398669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=398669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}