The meme coin market witnessed a dynamic week, as a few tokens shone amidst a sea of losses. Leading meme coins struggled, deepening losses for investors.

BeInCrypto delves into three standout meme coins from this week, showcasing remarkable gains or notable declines.

Mochi (MOCHI)

MOCHI stole the spotlight by skyrocketing 241% this week, reaching $0.00004016 in trading value. Holding firm above crucial support at $0.00003596, the coin maintains a bullish trajectory.

Sustaining support at $0.00003596 could extend the uptrend, eyeing resistance at $0.00004867. Breaking through this barrier could propel MOCHI to hit $0.00006000, fueling optimism and attracting more investors.

On the flip side, breaching the $0.00003596 support could trigger a sell-off, leading MOCHI down to $0.00002486, potentially nullifying recent gains and increasing market volatility.

Toshi (TOSHI)

TOSHI mirrored MOCHI's bullish run, surging 93% this week. Despite the momentum, the coin struggles to break free of the $0.00128 resistance, lingering at $0.00112.

To sustain the climb, TOSHI must transform $0.00128 into support, paving the way towards its all-time high of $0.00211. A breakthrough could reinforce positivity and herald further price growth.

Conversely, a downturn might see TOSHI retrace to the $0.00057 support, jeopardizing recent gains and inviting more sell-offs.

Official Melania Meme (MELANIA)

MELANIA faced a 23% drop, now at $2.11. Waning interest in political meme coins contributed to the altcoin's loss of momentum. Without renewed investor engagement, the token might struggle to recover.

A failure to hold $2.02 support could trigger more losses, descending below $2.00 and opening the door to further bearish pressure.

Yet, a break above $2.35 could reverse the downtrend. Surpassing $2.80 could fuel bullish momentum, propelling MELANIA towards $3.45 and indicating a robust comeback.