The market is bouncing back, so let's look for some meme coins.  

Remember to go slowly with this stuff though--the market is simply having 1 green day after a series of red days. The majority of your portfolio should be in safer items. None of this is financial advice. Do Your Own Research.

Our goal is simply to identify high-quality projects that were unfairly punished in December.  

First up is $BRETT.   

This is the top meme coin on the Base L2 and I don't think people are going to forget.

It just bounced off its 200-day moving average (red line) and has moved into a new support/resistance zone.  

Currently, it's down about 38% from its recent high.      

Next up is $FOXY- the top meme coin on Linea, which Consensys launched (MetaMask makers).  

This one just bounced off it's lower support/resistance zone and has crossed above its 200-day moving average.  

It's also down a bit more than 38% from its recent high.      

Next, we've got $GOAT. It's the OG meme coin that started the AI agent craze. It's top of class for that.  

This has had sequential days bouncing off its support zone.  

It's still down a whopping 51%+ from its recent high.      

Moving into the smaller coins, we have $M3M3. This is the meme coin from the team that built the Meteora Dex on $SOL. They know what they're doing and have the capital to incentivize adoption.  

You can see in the chart that we've witnessed a double bottom after the initial launch.  

It's down a whopping 62% since its local high.      

I'll end with one of Murad's favorite "phrase" coins: $LOCKIN.   

Obviously, it fits the criteria of Murad's "cult community" thesis. He also says to buy after significant declines of better than 60%. Well, here you go.  

It's down ~64% from its local high (including the intra-day wick).  

It's also bounced off its local support / resistance zone and crossed into the next one.      

Concluding Thoughts

I've focused on some more well-known coins for this one because you don't need to pick complicated stuff when the market is recovering from a dip.  

Also, keep in mind that this is a market recovery -- it's not just going to rocket up from here (probably). Go slowly and make sure that you use only what you can afford to lose.  

Potential gains, even to near-term highs, are enticing enough. So remember to take some gains if the bull run resumes from this point.

 Happy Trading!

  -Sebastian Purcell, PhD

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