Despite the whole crypto market turning red today, the MemeCore (M) price is moving in the opposite direction. While Bitcoin, Ethereum, Solana, and most major altcoins continue to slide, M is pushing higher with surprising strength.
At writing, MemeCore is up almost 12%, trading around $1.40, and its trading volume is also up by 12%. That makes M the top gainer in the entire market right now.
What you'll learn 👉
Why MemeCore Is Pumping Today
The MemeCore rally started with extremely oversold technical signals. On November 28, its 7-day RSI dropped to 27.14, the lowest reading since July 2025.
That placed the M price deep in undervalued territory right as it tapped a key Fibonacci support zone between $1.21 and $1.57.
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This combination usually leads to a bounce, and traders stepped in expecting exactly that. Even after today’s rally, RSI is still below 30, which means the market still sees room for further recovery.
Another factor behind the move is short squeeze pressure. After last week’s 30% correction, roughly $11.1M in short positions piled into the market.
Now that the Memecore price is back above $1.37, some of those short sellers may be forced to buy back M to cover their positions, helping push the price higher.
Funding rates were still negative just days ago, showing that many traders remained bearish even as the chart began turning.
There is also longer-term support from the recent MemeMax partnership. On November 12, MemeCore allocated $300M worth of M tokens to the MemeMax project to help stabilize its trading loop and fund rewards.
Those tokens are now locked for community incentives rather than being sold on the open market. This has reduced sell pressure and strengthened M’s position in the growing “emotional trading” niche, which has regained interest as prices rebound.
Gbubu
— Bear Tee 🐼 | MeMemax ⚡️ (@javmiss) November 29, 2025
There’s something interesting happening between @MemeCore_ORG and @MemeMax_Fi lately. Nothing loud, nothing overhyped just steady progress that’s starting to stand out.
MemeCore continues to hold strong even when the rest of the market looks shaky. No drama, no big… pic.twitter.com/AuM1HMgKXO
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What the MemeCore Chart Is Showing
The daily chart shared by Finora shows the M price sitting right above an important demand zone near $1.3810.
Even though the larger trend leaned bearish last week, the price has held this level confidently. The next big resistance lies around $1.5748, and that is the territory M needs to recover first before any real trend reversal can be confirmed.
If the Memecore price breaks below support at $1.3810, the next reasonable target awaits at $1.1680. Volume is increasing as price bounces, and buyers are emerging to suggest they do not want to yield the support zone just yet. If M stays above this level, the short-term trend remains strong.
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Memecore Price Short-Term Outlook
MemeCore next move depends on how it trades between $1.38 and $1.57. Holding above $1.3810 keeps the rebound alive.
A move toward $1.5748 would be the next sign that the bigger trend is starting to turn bullish again. If the market remains stable and shorts continue to unwind, the move can extend deeper into December.
For now, oversold indicators, short squeeze dynamics, and the ecosystem partnership are giving the MemeCore price enough momentum to outperform the rest of the market on a day when everything else is red.
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