The crypto market has opened the week on a brighter note, shaking off the mild bearish sentiment seen in recent sessions. Among the biggest gainers are meme coins, which continue to draw significant retail interest. Nobody Sausage (NOBODY) in particular has led the charge with a 62% surge, while Troll (TROLL) and Pump.fun (PUMP) also show strong momentum. With the third quarter nearing its end, these three tokens are emerging as key assets for traders to monitor closely.
Troll (TROLL): Volatility in the Spotlight
Troll (TROLL) has stood out as one of the more volatile meme coins in recent weeks. Despite failing to breach a critical resistance, the token managed to record a 15% weekly gain, trading comfortably above $0.155.
The immediate hurdle for TROLL lies at $0.210, a level that has capped its recent upward attempts. Encouragingly, the Chaikin Money Flow (CMF) indicator reflects improving inflows, suggesting growing investor appetite for the coin. Should momentum build, TROLL could stage a recovery towards its all-time high of $0.289, still some 71% away.
However, the flip side of this volatility cannot be ignored. If traders begin to book profits prematurely, TROLL risks falling below the $0.155 support zone. Such a breakdown could extend losses towards $0.133, leaving the coin vulnerable to further downside pressure. For short-term traders, TROLL’s next moves will be critical in determining whether its bullish setup holds.
Pump.fun (PUMP): Defying Bitcoin’s Stagnation
Pump.fun (PUMP) delivered one of the stronger performances of the past week, rallying nearly 40% to trade at $0.0046. The meme coin has so far struggled to clear the $0.0049 resistance level, but its resilience is noteworthy.
What sets PUMP apart is its negative correlation with Bitcoin. With a reading of –0.26, PUMP has been largely shielded from BTC’s lacklustre price action. This divergence has allowed it to sustain momentum while the broader market remains cautious. Should bullish sentiment persist, a breakout above $0.0049 could open the door to the $0.0056 target in the sessions ahead.
Nonetheless, profit-taking remains a looming risk. Any sustained sell-off could drag PUMP back towards $0.0041 support, or even $0.0038 in a more severe downturn. Such a retracement would erase much of its recent gains, leaving the bullish case weakened.
Nobody Sausage (NOBODY): The Week’s Star Performer
Nobody Sausage (NOBODY) has emerged as the standout meme coin of the week, rising an impressive 62% to trade around $0.091. The coin has successfully established $0.070 as a robust support base, signalling renewed investor enthusiasm and heightened demand across meme coin markets.
The next key challenge for NOBODY lies at the $0.100 resistance level. Breaching this barrier could be a decisive moment, setting the stage for extended upward momentum and further capital inflows. With investor interest seemingly on the rise, NOBODY’s prospects remain promising.
Still, the risk of profit-taking casts a shadow. Should holders begin to exit positions, the price could slide back towards $0.070 or even $0.056. Such a correction would undercut the bullish narrative and potentially trigger a wider retracement.
Meme Coins Leading Market Sentiment
The ongoing momentum of meme coins highlights their continued role as market movers in the crypto space. While projects such as Bitcoin and Ethereum remain largely range-bound, meme coins like TROLL, PUMP, and NOBODY are showing far greater price action and drawing heavy retail trading activity.
Yet, their inherently speculative nature cannot be overlooked. With rapid gains come equally sharp corrections, making risk management essential for traders. This week will likely prove pivotal in determining whether these meme coins can sustain their rallies or if profit-taking will force sharp reversals.
As Q3 draws to a close, the performance of these tokens will offer valuable insights into retail sentiment and broader altcoin resilience. For now, meme coins remain firmly in the spotlight – and investors will be watching their next moves very closely.
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