UPDATEThe price is moving towards the valid support range of S1/if there is a positive reaction to this range and the momentum candle is observed, the price can return to the upward cycle
MOODENG buy moment?Maybe there will be a new buy moment for MOODENG. Watch for a double bottom if rejects.
If it falls it will fall further.
Always Do Your Own Research
This is no Financial Advice!
UPDATEThe alignment of the static support of S1 and Fibo 62 has prevented the price from further falling. If the support of S1 is broken, the fall can continue until the next Fibo levels. If the trend line is broken, the price will enter the upward cycle. It will probably be in side mode
updateIf the price consolidates above the resistance of 2336 and with the breakout of the resistance of 2694, it has the potential to reach the middle line of the channel and in the next step, the ceiling of the channel
With respect to capital management
updatePositive reaction to the valid support of 190/ if the price stabilizes above the range of 203, suitable for a long position
bullish??In case of a high consolidation of fractal 214, observing capital management and stop loss of 195, it is possible to enter a long position
Falling wedge = more bullishIs Moodeng really going to show us a falling wedge wich means it is more bullish then we thought… Time will tell! After a rise of almost 150% yesterday. Moodeng can fall. Who knows how far. But it is making itself ready to go skyrocket.
This is no financial advice.
Always do your own research!
MOODENG Price Surges 108% Following Binance ListingIntroduction
Moo Deng ($MOODENG), a Solana-based meme coin inspired by Thailand's viral baby hippo, has exploded onto the scene with a sharp 108% price increase following Binance’s launch of a USD-Margined perpetual contract offering 75x leverage. This substantial price rally is driven by Binance's
#MOODENGUSDTIt seems that a small inverted head and shoulder pattern is forming at the end of the chart
Crossing the black neck line can increase the hope of formation.
Crossing the main strong resistance line (red line) can also promise good growth.
WATCH IT
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Displays a symbol's price movements over previous years to identify recurring trends.