VINE memecoin has experienced significant price fluctuations recently. After reaching a market cap of $400 million, it quickly retraced to $120 million but has since rebounded to $363 million. The 24-hour trading volume is high at $394.7 million, indicating strong interest. The price action shows short-term bullish potential, with indicators like the DMI and MACD supporting this trend. However, the CMF suggests capital outflows, raising concerns about the sustainability of the uptrend. External factors, such as Bitcoin's performance and upcoming FOMC meeting, could influence VINE's price. Additionally, market reactions to President Trump's executive order on cryptocurrency have been mixed, adding to the volatility.