MemeCore (M) has surged nearly 40% in the last 24 hours, making it the market’s top gainer today. The Layer-1 (L1) coin trades at $0.87 as of this writing.

The token’s rally comes amid broader market recovery, with key technical indicators suggesting momentum may continue. 

MemeCore Bulls Eye Breakout Beyond All-Time High

Readings from the M/USDT daily chart show that coin trading is significantly above its Super Trend indicator, which currently forms dynamic support below it at $0.47. 

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The Super Trend indicator helps traders identify the prevailing market direction by plotting a line above or below an asset’s price. When the line sits below the price, it signals a bullish trend and acts as a support level. Conversely, when the line shifts above the price, it indicates a bearish outlook, often serving as resistance. 

For M, the indicator resting well below its current trading level reflects strong bullish momentum, suggesting buyers remain in control of the market. If this support holds, it could provide the foundation for the c