MOODENGUSDT trade ideas
Sharing a WILD idea.BINANCE:MOODENGUSDT.P possible creating a head and shoulder bearish pattern, here is why:
- Alts season is coming very soon (I might be mentioning this very often).
- BINANCE:MOODENGUSDT.P is in CRYPTOCAP:ETH ecosystem and a memecoin. There could be high chance that money will flows to CRYPTOCAP:ETH ecosystem.
Remember this flow: Large caps > Middle caps > Lower caps.
Explanation : Moneys will first flow in Large caps coins ( CRYPTOCAP:ETH CRYPTOCAP:SOL CRYPTOCAP:XRP etc) and then starting to flow to middle caps (top 20-50 coins) and lastly to Lower caps (top 51-100).
it's always a safe choice to bet on every top 100 coins.
Market Situation for #MOODENGUSDT📊 Market Situation for BYBIT:MOODENGUSDT.P
The asset is in a phase of uncertainty, consolidating between key levels. Price is forming an accumulation zone, where the next move will depend on reactions. A breakout from this range will determine direction – either a rally towards $0.07472 or a drop to $0.05624.
✅ The best approach in this situation is to add both scenarios to the watchlist and monitor price action.
✅ This allows traders to avoid premature entries and only enter after confirmation.
👉Two possible scenarios BYBIT:MOODENGUSDT.P
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Bullish scenario
🔵 LONG BYBIT:MOODENGUSDT.P from $0.07060
🛡 Stop Loss: $0.06877
⏱ 1H Timeframe
Overview:
➡️ BYBIT:MOODENGUSDT.P is showing signs of reversal after testing support at $0.06376.
➡️ Volume is increasing, suggesting possible accumulation by buyers.
➡️ A breakout above $0.06920 and confirmation could push the price toward $0.07315 and $0.07472.
Take Profit targets:
💎 TP1: $0.07315 – first resistance level.
💎 TP2: $0.07472 – main profit-taking zone.
Plan:
➡️ Bullish confirmation requires a solid breakout above $0.06920.
➡️ Entry is preferred after a retest or with increasing volume.
➡️ If the breakout happens on low volume, it might be a false move.
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Bearish scenario
🔴 SHORT BYBIT:MOODENGUSDT.P from $0.05914
🛡 Stop Loss: $0.06054
⏱ 1H Timeframe
Overview:
➡️ If the price fails to break $0.06376 and starts dropping, further downside is likely.
➡️ Sellers are active, and a loss of $0.05962 could trigger a selloff.
➡️ Support at $0.05624 could be reached if the downtrend continues.
Take Profit target:
💎 TP1: $0.05624 – support test.
Plan:
➡️ Bearish confirmation comes with a breakdown below $0.05962.
➡️ If volume increases on the drop, expect an accelerated decline.
➡️ If the price rebounds sharply, the short position should be reconsidered.
🚀 BYBIT:MOODENGUSDT.P Waiting for the Signal!
Moodeng bullish scenarioMoodeng price has fallen to the last major support and now has formed a HL on LTF.
Looking for price to retrace on the 1h before attempting a long with invalidation below 0.04.
Has confluence with fib time marking this recent wick as the low.
Not a high level confidence here though as not much data to work on.
Can also wait for the next HL as confirmation but as always use your own risk management here.
Moodeng Buy/Long Setup (8H)From where we placed the red flash on the chart, it seems that a deep correction for MOODENG has started.
It appears that a diametric is in the process of completion, and we are at the end of wave G of this diametric.
As long as the SWAP range is maintained, the price could move toward the targets.
A closing of an 8-hour candle below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
MOODENGUSDT Reversal Potential with Falling Wedge FormationMOODENGUSDT is showing signs of a potential bullish reversal as it forms a Falling Wedge Pattern , a classic setup that often signals a breakout to the upside. Traders should monitor key resistance levels for a breakout confirmation, which could indicate the start of a new upward trend. This could be an exciting opportunity for those looking to capitalize on a possible rally. Stay vigilant for price action near the wedge's upper boundary!
Moodeng bullish scenarioMoodeng price has broken down from the macro trend and looks to have found a bottom.
Bullish price action has been formed with what appears to be consolidation over the last 2 weeks. Good area to enter a long with invalidation below the previous low. Upside potential makes a good RR. Alternatively wait for a retrace closer to the local bottom and enter there.
MOODENG/USDT Targets Major Bullish Breakout Levels
$MOODENG/USDT Targets Major Bullish Breakout Levels #MOODENG/USDT is trading at $0.2772, showing bullish momentum after breaking out of a downtrend. With strong support at $0.2415, the price targets are set at $0.4471, $0.5760, and $0.6906. Entry near $0.2415 with a stop loss below $0.2200 provides a favorable risk/reward setup for potential gains.
Moodeng/USDT Breaks Resistance: Major Rally Ahead?Moodeng/USDT has successfully broken above the descending resistance line and is moving upward, supported by the rising trendline.
If the price breaks above the marked resistance zone and secures a proper closing, it could trigger a significant upward move.