Memecore - AMD Structure | Manipulation, Distribution

📊 Market Structure Overview
Memecore is currently respecting a classic AMD (Accumulation → Manipulation → Distribution) structure on the higher timeframe.

🔹 Accumulation
After the impulsive move up, price entered a prolonged range. During this phase, smart money was accumulating positions while retail participation faded and volatility compressed.

🔹 Manipulation (Liquidity Sweep)
Price then performed a clean downside sweep, breaking below the range and triggering:
Stop-losses of late longs
Panic selling
Aggressive short entries on the breakdown
This move effectively reset market positioning, allowing large players to accumulate at discount prices.

🔹 Distribution / Markup
Price quickly reclaimed the range and is now holding above the manipulation low — a strong sign that the breakdown was false.
With ~90% of MEME supply concentrated in a few wallets, upside moves can be fast and violent due to thin liquidity above.
This sets the stage for a strong distribution phase to the upside.

🎯 Price Targets
$2.50 — First expansion target
$5.00 — Mid-term distribution level
$7.00 — Full distribution / macro target

⚠️ Invalidation
A sustained breakdown and close below the manipulation low would invalidate the bullish scenario.

📌 Conclusion
This setup reflects classic Smart Money behavior:
Accumulation → Liquidity grab → Expansion into low-liquidity zones.
As long as price holds structure, higher prices remain the primary scenario.