Memecore (M) has surged 30% in the past 24 hours, driven by a nearly 40% increase in Open Interest (OI), signaling strong bullish sentiment in the derivatives market. The altcoin's recent gains follow increased spot buying on April 19, although momentum has slightly slowed in the last 12 hours. The cryptocurrency broke past the $3 resistance earlier in April, confirming it as a demand zone with a strong reaction on April 20. Since this retest, Memecore has rallied 47% in two days. Technical indicators such as the DMI and OBV show a strong uptrend and steady buying pressure, suggesting potential further gains towards the $5.21 target.