Memecore (M) has experienced a notable price rebound, recovering from recent losses and fueling speculation of reaching $3 within 24 hours. The token has climbed above the $2.20 support level, driven by increased retail participation and social media activity. While the current momentum suggests a potential test of the $2.60 mark, overbought conditions and resistance at this level indicate caution. A failure to maintain support could see the price fall to $1.90, highlighting the fragility of the current rally despite prevailing bullish sentiment.