MemeCore aims for a $0.36 breakthrough as shorts are churn – traders, watch out for the development of this risk!

MemeCore [M] surge rose 17% in 24 hours, with open contracts flowing in $34.5 million and short losses of $4.15 million. Despite strong bullish momentum and positive Chaikin flow of 0.6, liquidation clusters below $1.76 indicate potential downside risks. Trading volume shows that the trading volume is -33.29 billion US dollars, while the absorption/distribution ratio remains negative. The short-term outlook is bullish, but volatility continues.