- Gigachad (GIGA) plunged 34% this week, eyeing $0.009 support.
- Brett (BRETT) is down 23%, with a chance to rebound at $0.0327.
- Cheems (CHEEMS) bucked the trend, gaining 7% amid market chaos.
- Volatility hit meme coins hard, but some signs of recovery remain.
This week was rough for meme coin investors, with sharp sell-offs wiping out gains. Volatility took center stage, dragging Gigachad (GIGA) and Brett (BRETT) down double digits. Meanwhile, Cheems (CHEEMS) held its ground, defying the bearish sentiment.
Gigachad (GIGA) Battles Heavy Selling
GIGA took a major hit, falling 34% in the last seven days to trade at $0.012. The token lost its grip on the $0.013 support, leaving investors cautious. If selling pressure continues, GIGA could slide further to $0.009, a critical support level.
However, a bounce above $0.013 could shift momentum, potentially driving GIGA toward $0.018. Investors are watching closely to see if the token can reclaim lost ground or if further declines are in store.
Brett (BRETT) Seeks a Comeback
BRETT hasn’t fared much better, shedding 23% over the past week to settle at $0.0319. The token is hovering just above $0.0308 support, a key level that could determine its next move.
If the broader market stabilizes, BRETT could rebound toward $0.0327, a critical resistance level. A successful push past this point could set the stage for a stronger recovery.
But if $0.0308 support fails, BRETT might tumble to $0.0276, reinforcing the bearish trend. For now, traders are weighing the risk of more downside against the potential for a reversal.
CHEEMS Defies the Market, Stays Green
While GIGA and BRETT struggled, Cheems (CHEEMS) pulled off a 7% gain, making it one of the week’s rare winners. The token attempted to break past the $0.00000096 resistance but hasn’t fully cleared it yet.
If CHEEMS pushes above $0.00000100, it could extend its rally to $0.00000113, marking a solid recovery. But failing to break out could lead to a drop toward $0.00000088, and a further slip to $0.00000079 would erase recent gains.
For now, CHEEMS holders remain optimistic, hoping it continues to outshine the broader meme coin market.
