Looks likes it’s about to breakout$coq looks like it’s about to explode, low supply, lot of holders 🚀
COQWAVAX_E1E870.USD trade ideas
COQ Inu: The Memecoin Poised for a 300% Surge on AVAX BlockchainCOQ Inu, the #1 memecoin built on the Avalanche (AVAX) blockchain, has emerged as a standout contender. Despite a recent drop from its all-time high market cap of $400 million to $80 million, technical and fundamental analysis suggests that COQ Inu is gearing up for a potential 300% surge, which could propel its market cap back to $100 million and beyond.
Technical Analysis
The chart patterns for COQ Inu reveal a compelling story. After a significant correction from its peak, the coin is now showing signs of consolidation, with key indicators pointing to an impending breakout. Here’s what the technicals are saying:
The RSI, a momentum oscillator that measures the speed and change of price movements, currently stands at 63.31. This indicates that COQ Inu is neither overbought nor oversold, but rather in a healthy position to potentially initiate another leg up. An RSI above 50 typically signals bullish momentum, and with the current reading, COQ Inu is primed for upward movement.
The 38.2% Fibonacci retracement level is acting as a strong support for COQ Inu. In the event of a pullback, this level is expected to hold, providing a solid foundation for the next upward move. However, a break below this level could see COQ Inu testing its 1-month low, which would be a critical point for traders to watch.
A breakout above the 1-month high pivot could serve as the catalyst for the anticipated 300% surge. Such a move would not only validate the bullish sentiment but also attract new investors looking to capitalize on the momentum. The 1-month high pivot is a key resistance level, and a decisive break above it could trigger a significant upward trajectory.
Market Position and Potential
Currently ranked #425 on CoinMarketCap with a live market cap of $81 million, COQ Inu has already established itself as a significant player in the memecoin arena. With a circulating supply of 69.42 trillion COQ coins, the coin’s low price per unit makes it accessible to a wide range of investors. The potential for a 300% surge could see COQ Inu’s market cap reach $200 million, placing it among the top memecoins in the market.
COQ: $0.000 000 40 | bok bok .. more fun with your COQ boka kakAvalanche's gateway to the MEME space
a tight community with specialists and seasoned players
and H i L A R i O U S humor to link COQ in just about anything
it become viral kinda like that LAST song syndrome you cant let go
Fair Launch
Renounced Contract
Decent Allocation
Locked Liquidity
Co Founders Gribbly,Wojak & the Society of Elon
Strategy: "never let go of your coq folks and hold on to it"
$COQ Time to shock the market !!Coq will break the upper trend line soon and it's going to move near FWB:2BN market cap .
Mark my word
Coq on avalancheSpeculative small bet on this momentum trade. I entered a small position on this god candle and will hold this using my 33% strategy. Avax gas fees are obnoxious today, it really makes me appreciate Fantom and Solana tbh. I had to up slippage over 1% to not fail a transaction. This is a straight up gambling token, be careful. Fib extensions are in effect.
Meme coin speculation Meme coin that just launched. Highly speculative play based around meme coin historical behavior. I am apart of the chikn community and believe this will go parabolic. This is NFA as always, this is high risk investment.
