$Meme Coin — Dead Cat Bounce, Bearish Bias 📉
After a massive ~90% drop, the recent rebound looks more like a dead cat bounce rather than a true recovery, with price lacking real strength and likely driven by short-term speculation rather than sustained demand; in situations like this, supply pressure often remains high, especially if early holders or insiders have low cost bases, which can lead to continued selling into any bounce, making upside moves short-lived.
🧠 Insight:
When a market drops heavily and rebounds weakly, it often signals distribution rather than accumulation, meaning sellers are still in control.
⚠️ High-risk environment — expect volatility and sharp moves in both directions, so avoid chasing and always manage risk carefully