Top 3 TRON (TRX)-Based Meme Coins to Watch This Week

en broader market recovery, the bulls are back for the highly volatile meme coins. As the meme coins surge, the Tron-based coins are quick to rise with a boost over the Tron network.

As the broader market experiences a sudden recovery, meme coins are surging once again, especially those based on the Tron network. With a boost from the Tron ecosystem, these meme coins are quickly rising in value.

Here are our top three picks for Tron-based meme coins that are set to ride the breakout rally this week:

1. SUNDOG (SUNDOG)

Sundog is a Tron-based meme coin with a market cap of $267 million. It has seen a 14.95% increase in the last 24 hours. The weekly returns of the meme coin are at 4.76%, and it's currently trading at $0.2682.

The 4-hour chart of Sundog shows a consolidation range, but the prevailing uptrend in the meme coin completes a bullish flag pattern. The consolidation zone lies between $0.18 and $0.30.

Currently, bullish support from the 50-EMA projects a higher probability of a breakout rally. Moreover, it has crossed the 23.60% Fibonacci level at $0.26.

The targets on the bullish radar are at 50% and 78.60% Fibonacci levels, which are at $0.42 and $0.72, respectively. On the other hand, a bearish reversal could put the $0.20 and $0.18 support levels at risk.

2. BULLS (BULLS)

BULLS is another Tron-based meme coin with a market cap of $5.224 million. It has seen an 11% increase in the last 24 hours. The token is currently trading at $0.005225.

Despite the 24-hour recovery and a 50% jump in trading volume, the meme coin is currently down 58.99% from its all-time high of $0.02169.

However, as the Tron meme coin ecosystem grows, we can expect to see a comeback for the BULLS token.

With the conclusion of the lower-high formations, price action traders can find an entry opportunity. The $0.10 is a critical breakout level based on the previous highs. Post this, the next targets are at $0.15 and at $0.20. Due to the lack of price action history, the only available support is $0.0047.

3. SUNPEPE (SUNPEPE)

SUNPEPE is a Tron-based meme coin with a market cap of $1.279 million. It has seen a 6.28% increase in the last hour. The meme coin is currently trading at $0.001279.

However, it has dropped by 60% in the past seven days. Since its listing, the meme coin has increased by 36% in the past 30 days.

In the daily chart, the SUNPEPE token shows a breakdown of the 50% Fibonacci level, while the bullish side actively tends to hold on to the 0.0010 psychological mark.

The next critical support is at $0.000866; meanwhile, the target levels for the potential recovery in the meme coin are at $0.001454 and $0.002811.

Also, check out our Tron (TRX) Price Prediction 2024-2030.