Mumu The Bull's Meteoric Rise Surges 56% Amidst Investor Frenzy
Over the past 24 hours, Mumu The Bull's price has soared an impressive 56%, reaching $0.00006869 as of 7:35 a.m. EST, fueled by an investor frenzy surrounding the meme coin.
This surge has propelled MUMU's weekly price growth to over 88% and its monthly gain to a staggering 423%.
Attempting to Flip Resistance
Mumu The Bull's price recently peaked at $0.00015993, but profit-taking ensued, leading to the meme coin's current attempt to establish the resistance level at $0.00004766 as support.
A 4-hour candle closing above this threshold in the next 8 hours could provide MUMU with a solid foundation for continued upward momentum.
If successful, traders may enter long positions, propelling the price toward resistance at $0.00008321 and potentially reaching $0.00011103 in the short term.
Conversely, MUMU's bullish trajectory could be undermined if a 4-hour candle fails to close above $0.00004766 within the next 8 hours. In this scenario, the price could drop to the next critical support level at $0.00002757.
Bullish Technical Indicators
Technical indicators on MUMU's 4-hour chart suggest an optimistic outlook, indicating the possibility of the $0.00004766 resistance being flipped to support.
The Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators both display encouraging signals.
A bullish technical flag triggered by the MACD in the past 8 hours supports this positive trend. Additionally, RSI readings have surged in recent hours, currently exceeding 76, signaling significant bullish strength.
Despite the overbought nature of the RSI, it is not uncommon for meme coins to sustain overbought conditions during a bull run.
WienerAI Gains Traction
As MUMU shows bullish strength, investors are flocking to acquire WienerAI (WAI) before its presale concludes in less than 6 days.
AI-Powered Meme Coin
WienerAI, a dog-themed meme coin, aims to differentiate itself through its sophisticated AI technology. Trained to analyze crypto markets, WienerAI's trading bot will assist traders in identifying profitable scalp opportunities.
Complementary features such as a seamless token swap solution and constant MEV protection enhance traders' capabilities, enabling efficient trades with minimal delays.
Presale Conclusion
With over $7 million raised through WienerAI's presale, investors have a limited time remaining to purchase WAI at this early stage. The presale also offers a 141% APY staking program.
To acquire WAI, investors can use the buy widget on WienerAI's official website, which accepts BNB, USDT, ETH, or bank cards. Purchased tokens can be staked through the provided staking page.