SIREN, NEET and BAN lead the wave of price increases
In the context of the cryptocurrency market still fluctuating strongly and investor sentiment not being truly stable, some meme coins are going against the general trend, recording impressive growth. The most notable last week were Siren (SIREN), Not in Employment, Education, or Training (NEET), and Comedian (BAN) – three names attracting strong speculative capital flows thanks to technical momentum and excitement from the community.
SIREN (SIREN) – Money flow returns, heading towards a new historical peak
SIREN has had a booming trading week with an increase of over 100%, currently fluctuating around $0.279. The growth momentum comes from the clear optimistic sentiment of investors as the amount of tokens withdrawn from exchanges has decreased significantly – a signal indicating a trend of holding rather than selling, usually accompanied by short-term price increases.
The Chaikin Money Flow (CMF) indicator surpassing the 0 threshold confirms that money is flowing strongly into the market. If buying pressure continues to be maintained, SIREN could completely retest the historical peak of $0.386. When breaking this mark, the next target area is around $0.465.
However, a too-rapid increase also carries the risk of profit-taking. If sentiment reverses, the price could lose the support area at $0.258. Breaking through this level will disrupt the bullish structure and could pull SIREN down to $0.179.
NEET – Up 75% in just 24 hours, FOMO effect spreading
NEET is currently the most attention-grabbing name in the short term, having surged 75% in just one day, reaching $0.0249. The sharp increase is driven by a surge in trading volume along with strong spread on social media – two factors that often trigger FOMO effects in the community.
The current technical structure leans towards the buyers. If NEET surpasses $0.0258, the upward trend could be extended with a target near $0.0329. With 14,100 holders and a market capitalization of approximately 24 million USD, community cohesion could continue to play a catalyst role for price volatility.
However, rapid increases are often followed by strong corrections. If demand weakens, profit-taking pressure could pull the price back to $0.0188. Losing this level, NEET risks slipping deep down to $0.0158, completely weakening the recovery outlook.
BAN – Going against the market thanks to its inverse correlation with Bitcoin
BAN is showing significant relative strength with a 34% increase this week, despite the majority of the market weakening. The special aspect lies in the correlation level of -0.34 with Bitcoin, meaning BAN usually moves against the trend of BTC.
This factor makes BAN an attractive choice for traders seeking hedging opportunities during market corrections. If the inverse correlation continues to hold, the price could expand its upward momentum to levels of $0.1617 and $0.1835.
However, the scenario will change if Bitcoin recovers strongly. At that point, BAN's inverse advantage may disappear. Falling below $0.1108 will weaken the upward structure, even pushing the price back to $0.0913.
Summary
These three meme coins are showing a common point: speculative capital is returning to the high-risk segment. Although short-term profit opportunities are attractive, investors should still be cautious of strong volatility and deep correction risks.
The reasonable strategy at this time is:
Closely monitor important support areas
Avoid FOMO at high price levels
Manage capital and set clear stop-loss
The meme coin market can yield significant profits, but it can also reverse within a few hours.
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