MOODENG Looks Super Bullish (1D)

Apr 28, 2025

After a series of significant drops, MOODENG has reached a golden zone and has accumulated buy orders, which suggests that it may have established a price floor.

Given the break of the medium-term descending trend line and the strong buy orders being fed from a solid source, we expect MOODENG to start an upward trend that could last for 2 to 3 months.

The upper green box is the Rebuy area.

A weekly candle closing below the upper green box (which is our Rebuy area) will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

May 9, 2025

Trade active

After hitting the highlighted green zone, it has pumped over 277% so far, and our second target has been reached