#CHILLGUY Coin (CHILLGUY) has taken the crypto world by storm, soaring 538% in just two days. Inspired by the viral “My New Character” meme, the meme coin’s price skyrocketed to $0.216, giving it a market cap of $227.6 million. The surge has also seen its 24-hour trading volume reach $28 million, showing strong investor interest.
Launched on November 18, CHILLGUY’s price has jumped by an eye-popping 3627% since its debut. With nearly 1 billion tokens in circulation (999.96 million), the coin is rapidly gaining attention and creating waves in the meme coin space.
Looking at the charts, CHILLGUY shows strong momentum. The hourly chart reveals consistently higher highs and higher lows, indicating the bullish trend is intact. However, the RSI (Relative Strength Index) has hit 77.47, suggesting the coin could be overbought, possibly leading to a short-term pullback or consolidation before it climbs higher.
If the bullish momentum continues, CHILLGUY could soon reach resistance levels between $0.35 and $0.40. With ongoing interest and strong buying support, it may even push towards $0.50 to $0.70 in the next few weeks.
However, after such a sharp rise, consolidation between $0.15 and $0.25 could occur, as the coin catches its breath. In a more bearish scenario, resistance at $0.26 might trigger a price correction, potentially pulling the coin back to the $0.10 to $0.15 range.
If the current trend holds, CHILLGUY could target the $0.50 mark by mid-2025. For the more optimistic outlook, if community support and strategic partnerships keep growing, CHILLGUY may even hit $1 by the end of the year.
#MemeWatch2024 #SOL #binance #mememcoinseason2024
