Meme Coins Show Volatility BRET, NEIRO, MEW Gain Attention

BRET, NEIRO, and MEW are among the meme coins that have exhibited increased activity on shorter timeframes, attracting traders who monitor volume, open interest, and momentum signals for potential profits. BRET, trending on a popular exchange, has shown substantial price volatility on the 5-minute chart, with abrupt trends in both directions indicating active short-term trading. This volatility makes BRET a decent speculation in the meme coin industry. The Buy/Sell Volume indicator shows growing selling pressure, but the end-of-period volumes exhibited stimulated green activity, suggesting that the push to raise prices has done little to help the sellers dominate more. This implies that BRET may become a prospective entry for traders in case they want discount entries as the selling pressure declines.

NEIRO has recently attracted attention after a notable rally followed by a visible decline. On the 1-hour timeframe, the price dropped to approximately $0.00046869, recording a 1.02% loss during the latest period. Price momentum had increased earlier as traders pushed it toward a local high, accompanied by a rise in open interest to nearly 40 million. This pattern usually indicates strong participation and belief in upward continuation. However, open interest fell back to around 32.84 million during the correction phase, suggesting that traders are exiting positions, reducing exposure during the downturn. The MACD now reflects this shift in momentum, with a bearish crossover occurring. While NEIRO shows short-term weakness, the earlier surge suggests it could remain on the radar of traders looking for breakout setups in the meme coin space.

MEW has shown resilience following a steep decline. On the Binance 5-minute chart, MEW bounced back to $0.0030440 with a gain of 0.10%. The chart signals a shift in momentum, supported by increased green volume bars and a net buy volume of over 10 million. The Bollinger %B indicator is now moving away from oversold conditions, currently sitting at 0.55. This movement suggests the price has returned within the range of its recent volatility, often a sign of mean reversion. Traders use this signal to anticipate possible upward continuation if momentum holds. In addition, the MACD is turning positive, with a bullish crossover forming and histogram bars shifting from red to green. This crossover is often viewed as a momentum signal by traders entering short-term recovery trades.

As traders look toward 2025 for high-potential meme coins, short-term technical activity provides critical insight into market sentiment. These coins continue to gather interest from speculative investors, especially those relying on technical indicators for entry signals. The meme coin sector remains fast-paced, and identifying early moves through volume and momentum may help pinpoint future leaders in this category. Keeping a close eye on these meme tokens could help traders capture early gains ahead of broader market interest. With ongoing shifts in volume and trend direction, these assets present a mix of risk and opportunity for those navigating the meme coin landscape heading into 2025.