The meme coin market has started the second week of January 2026 with mixed signals, showing a 5% recovery in the last 24 hours. According to analyst Ananda Banerjee, three specific assets —Pump.fun, Pepe, and Floki— present technical setups and whale behaviors that demand vigilance. Despite a generalized weekly drop in the category, these projects show a notable resilience against the volatility of the crypto sector.
First, Pump.fun (PUMP) has surprised by rising 9% weekly despite distribution from large holders. Nansen data reveals that whales sold about 820 million tokens, equivalent to 2 million dollars, near the 0.0026 dollar resistance. However, the price maintains a downward-sloping cup and handle structure that suggests buying strength. If the asset manages to close above said level, it could project a rally toward 0.0037 dollars soon.
Likewise, Pepe (PEPE) positions itself as one of the leaders in selective accumulation during price pullbacks. Although the asset fell 14.5% in the last week, whales added 1.17 trillion tokens to their wallets since January 7. This 6.9 million dollar investment occurs while the asset trades between critical exponential moving averages of 20 and 200 periods. Therefore, investors await a bullish crossover that triggers the price toward 0.0000075 dollars.
What technical factors are driving trading volume in these cryptocurrencies?
On the other hand, Floki (FLOKI) has managed to reclaim its 20-period exponential moving average (20-EMA) on the 12-hour chart. This technical milestone is relevant because, historically, each reclaim of this level has preceded double-digit rallies. Furthermore, Floki ranks as the third most traded coin by volume and unique users in its category. In this way, the project attracts the gaze of traders rotating capital toward assets with higher liquidity.
If Floki maintains its current support, the next technical target lies at 0.000053 dollars, with potential to reach 0.0000619. However, a failure to hold the 20-period EMA could invalidate the short-term bullish thesis. Therefore, monitoring trading volume will be crucial to confirm the continuity of the trend. It is also important to highlight that the technology of these platforms continues to evolve to offer greater utility.
Is whale behavior a reliable indicator for this beginning of the year?
Despite the sales in Pump.fun, retail interest seems to sustain the price action effectively. In Pepe’s case, the massive accumulation suggests that large investors anticipate an imminent breakout from current consolidation. On the other hand, activity in Floki demonstrates that community sentiment remains very positive for this ecosystem. Likewise, these movements underline that the meme coin market does not depend only on pure speculation.
Finally, the outlook for the second week of January will depend on Bitcoin’s stability and risk appetite. The mentioned resistance levels will act as confirmation points for traders looking to enter these trends. Therefore, it is recommended to closely follow on-chain metrics to detect sudden changes in supply. It is expected that volatility will define fast profit opportunities for the most agile participants in the market.
