Meme coins were not able to avoid the impact of the broader market's bearish sentiment, as they experienced significant declines. However, Useless Coin managed to capitalize on the situation, approaching a new all-time high for the second time in a week. This performance highlights the resilience and speculative nature of certain meme coins even during periods of market downturn.

BeInCrypto has analyzed two other meme coins that investors should monitor, as they may show signs of recovery if the current bearish signals subside. These coins have been affected by recent market conditions but still hold potential for price rebounds depending on broader market dynamics.

NEIRO has seen a decline of 26.8% over the past 12 days, primarily due to increasing global tensions. The coin is currently trading at $0.000337 and remains above the key support level of $0.000295. This price behavior suggests that NEIRO might be preparing for a potential reversal if market conditions improve. The strong correlation of 0.87 between NEIRO and Bitcoin means that while NEIRO tends to follow Bitcoin’s downward movements, it also benefits when Bitcoin’s price rises. As Bitcoin recovers, NEIRO is expected to rise above the $0.000386 resistance level. This correlation could provide the necessary momentum for a price rebound.

However, if geopolitical tensions continue to escalate, NEIRO could face further declines. In such a scenario, the price may drop back to the $0.000295 support level. A break below this level would invalidate the current bullish outlook, indicating continued weakness for the altcoin.

POPCAT has fallen by 37.6% over the past 12 days, with its current price at $0.264. The recent decline aligns with the overall market trend, which has been influenced by global uncertainty. Despite the drop, POPCAT is still holding above key support levels, suggesting it could see a price rebound if market conditions improve. The Ichimoku Cloud indicator is showing strong bullish momentum for POPCAT, indicating that the coin may still have the potential to recover and move toward the $0.342 resistance level. The strength of this indicator suggests that POPCAT could regain some of its lost value, depending on the broader market sentiment.

However, if tensions between the United States and Iran intensify, the entire crypto market could face significant losses. In this case, POPCAT could fall to the $0.244 support level, which would invalidate the current bullish outlook. A drop below this level would signal a deeper bearish trend for the meme coin.

USELESS has risen by 35% after reaching an intra-day low of $0.074 on Sunday. It is currently trading at $0.100 and has shown resilience despite the overall downturn in the cryptocurrency market. Its ability to recover quickly indicates strong investor interest even in challenging market conditions. Last week, USELESS set a new all-time high at $0.119, and it is now 18.6% away from breaking through the $0.120 resistance level. This suggests a strong upward trend for the coin, with continued positive momentum potentially leading to higher price levels in the short term.

However, if investors become panicked and sell their holdings, USELESS could fall to the $0.066 support level. A drop to this level would invalidate the current bullish outlook, erasing recent gains and signaling a potential reversal in the altcoin’s price movement.

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