MemeCore (M) Price surges 8%, rebounding from the key support level of $1.50, breaking a week-long consolidation, and reversing the short-term trend. The altcoin is currently approaching the next key resistance level of $1.90. Despite futures trading volume increasing by $2.4 million to $36.63 million, indicating strong trader interest, on-chain divergence readings are as high as -82%, suggesting the market should remain cautious as the price may be overestimated relative to network activity.