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3 Meme Coins to Watch During the Final Week of May

This week, three meme coins – Banana For Scale (BANANAS31), Pudgy Penguins (PENGU), and SkyAI (SKYAI) – are at key points in their price charts. Traders might want to watch these coins closely, as meme coin prices are starting to fluctuate more.

In 2026, meme coins continue to be popular, and traders are using them as riskier investments compared to Bitcoin. Current market data doesn’t give a clear indication of where the meme coin sector is headed, suggesting it’s still trying to find a consistent trend.

Banana For Scale (BANANAS31) Eyes $0.014 Resistance Breakout

Banana For Scale (BANANAS31) is currently trading at about $0.0122, which is a roughly 5% increase from yesterday. Its price has been steadily rising within a defined channel since the beginning of May, as shown on its daily price chart.

The price has found support around $0.0092, which is also a key level based on Fibonacci retracement. The $0.014 resistance level has been challenged three times, and a fourth attempt could finally lead to a breakout for the coin.

As I’ve been tracking this asset, I’m watching for a potential breakout. If the price can firmly close above $0.014, it could signal further gains, potentially reaching the recent high around $0.0163. However, I’m also mindful of downside risk. If it falls below $0.0092, the next key support level is around $0.0052 – a price point that also represents a 0.786 Fibonacci retracement, suggesting a likely area where it might find some stability.

The Relative Strength Index is currently at 52, indicating that price momentum is fairly neutral. The Moving Average Convergence Divergence indicator still points to a downward trend, but recent data suggests buyers are starting to gain some control.

Meme Coins to Watch: SkyAI (SKYAI) Validates $0.24 as Key Support

SkyAI (SKYAI) is currently trading at about $0.34, up around 3% from yesterday. However, the price has fallen significantly from a peak of $0.86 on May 6th.

The token’s price dropped significantly, breaking through two key support levels. Now, at $0.56 and $0.37, these levels are likely to limit any immediate bounce back for this AI-related cryptocurrency.

However, buyers have confirmed that $0.24 now acts as a new support level, specifically at the 0.786 retracement. This is significant because the price previously struggled to break above $0.24, meaning it acted as resistance on April 23rd. This suggests the level could now be a key turning point for the price.

The Relative Strength Index (RSI) is currently around 50, suggesting a neutral trend. However, the Moving Average Convergence Divergence (MACD) indicator is starting to show positive signs, which could mean prices might start to rise again if buyers hold the price above recent lows.

Pudgy Penguins (PENGU) Tests Ascending Support Line

Pudgy Penguins (PENGU) is currently trading at around $0.009, a slight decrease of 1.4% from its price 24 hours ago. The token’s price recently recovered after hitting a low of $0.0085, a key technical level based on Fibonacci retracement analysis.

PENGU has fallen below the $0.0095 level, and now that price acts as a ceiling, or resistance. For the price to go higher, buyers need to push it back above $0.0095 and continue the recent upward trend.

Looking at the price action, I’m seeing consistent support around the upward trendline that began back in early April. If we continue to see buying pressure, my next target is just above the 61.8% Fibonacci retracement level, around $0.011. Beyond that, I’m watching the $0.013 area as a potential next resistance level.

Similar to the other indicators, the RSI is around 50, suggesting the market isn’t strongly trending in either direction. The MACD is starting to show positive signs, which could mean buyers may have an advantage soon.

Which Meme Coin Offers the Strongest Setup This Week

Of these three options, BANANAS31 looks most promising for a price increase. It has repeatedly tested the $0.014 level, and breaking above that point could lead to a significant rally, potentially reaching its May high. Compared to other opportunities, BANANAS31 appears to be the most likely to produce results in the short term.

SKYAI is currently trending downwards, but a recent change in the MACD indicator suggests it might be about to bounce back. It’s best to wait for the price to clearly break above $0.37 before considering this a confirmed recovery.

PENGU is facing a crucial moment. While the price is currently supported by an upward trend, a recent drop to $0.0095 has created a potential weakness. If the price can rise back above that level, it would suggest buyers are regaining control.

When traders evaluate these options based on how easy they are to understand, BANANAS31 is the clearest, PENGU is moderately clear, and SKYAI is the hardest to interpret until the current downward trend reverses.

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2026-05-25 16:57