The third key component is the historical supply zone. OneImpact stated that this is the crucial $0.0000175 to $0.0000185 range, which previously acted as support for the meme coin’s price before the January breakdown.
The second phase will create a series of higher highs and higher lows as the price climbs through previous resistance levels. OneImpact stated that the meme coin will then witness a final push toward the $0.00001715 take-profit target in the third phase, representing a 66% gain. The analyst explained that a triple confluence of factors makes this setup “particularly compelling.”
The third factor is the macro alignment. The crypto analyst said this move coincides perfectly with the projected decline in Bitcoin’s dominance, which creates the ideal conditions for the meme coin to outperform.
