Eventually all the "Dead" meme coins that squeezed up multiples last month will come back home. These were almost completely driven by shorts getting squeezed and with little consistent spot demand it will most likely just be a slow bleed back down to where it started. It never goes down there in one straight line though but I suspect new local highs are unlikely unless there's some new crazy listing or whatever. Personally shorting the 10-20% bounces and selling the full retraces. Been going decently well the past week now the momentum has faded. Think that will go on for a while.