BITmarkets Team
Jul 30, 2026
With M now trading between a newly established support area and a former support zone acting as resistance, traders may be watching to see whether the rebound can continue or whether another correction develops.

MUSD - 1 Day Time Frame
M is currently trading around $1.10, remaining above the immediate support level at $0.90. This area has recently attracted buying interest and now represents the nearest price floor for the current recovery.
On the upside, the first important hurdle is the $1.60 support/resistance level. This area previously acted as support earlier in 2026 but is now serving as resistance following the sharp decline toward the end of June. A sustained move above $1.60 could improve the short-term technical outlook and suggest that buyers are beginning to regain greater control.
For now, however, M remains below several major resistance levels and may continue consolidating within its current range. Holding above $0.90 would help preserve the recovery structure, while a break below this area could weaken the recent rebound.
If M manages to break above the $1.60 resistance level and establish it as support, the next upside target could be the psychologically significant $2.00 resistance zone. This area may attract stronger selling pressure and profit-taking if reached.
Should bullish momentum continue beyond $2.00, attention could shift toward the higher resistance levels around $2.70 and $3.20, as indicated on the chart. Reaching these areas would represent a considerably more optimistic scenario and would likely require sustained buying interest alongside improving sentiment across the broader cryptocurrency market.
Conversely, failure to hold above the $0.90 support could expose M to a move toward the next major support around $0.60, which marks the 2026 low established in late June. Much of MemeCore’s next move could also depend on broader crypto market sentiment, macroeconomic conditions, and geopolitical developments, making these external factors important to monitor alongside the key technical levels.
Crypto assets are unregulated, decentralised and highly volatile assets which entail substantial risks and you may lose all invested capital. Refer to the Disclaimers for detailed information on potential risks.