In February, meme coins experienced significant losses, with some reaching new all-time lows. However, there is potential for recovery in March. This article analyzes five meme coins and their prospects for regaining their losses.

DADDY has seen a 70% price increase, recovering its losses from February. It is currently trading at $0.054 and could potentially breach the $0.068 resistance level.

PEPE is in a downtrend but has a strong correlation with Bitcoin, suggesting it could recover if BTC rebounds. Key levels to watch are $0.00000951 as support and $0.00001146 as resistance.

POPCAT has made a notable recovery and aims to breach the $0.342 resistance level. Previous market cycles suggest it could see a 129% rise if it follows a similar pattern.

PNUT has rallied by 56% and aims to establish $0.227 as a stable support level. If successful, it could rise toward $0.442.

PENGU reached a new all-time low in February but has shown resilience. It is targeting a breach of the $0.0100 level, which could lead to a significant recovery.

However, if any of these coins fail to hold support levels or break through resistance levels, their bullish outlook may be invalidated, leading to further losses or consolidation.



Other News from Today