This is MpO for MOODENG!
MOODENG recently had a strong breakout from the dead zone (~$0.06–$0.09), followed by a beautiful volume-led rally all the way up toward $0.34. But after hitting $0.34–$0.35, we now see volume tapering and the price consolidating in the $0.24–$0.26 zone, with the POC (Point of Control) settling around $0.25. This indicates most trades are happening here — the current fair value.
Over the last few sessions, the profiles are getting balanced and tighter, which usually hints at a cooling-off period — where buyers and sellers are agreeing on price. This is not bearish, but shows the coin is building base after its pump.
What my pattern suggest is a heavy flow on the top, as most old OB will get activated! Invalidation below the green or closing below the green line!
MOODENG recently had a strong breakout from the dead zone (~$0.06–$0.09), followed by a beautiful volume-led rally all the way up toward $0.34. But after hitting $0.34–$0.35, we now see volume tapering and the price consolidating in the $0.24–$0.26 zone, with the POC (Point of Control) settling around $0.25. This indicates most trades are happening here — the current fair value.
Over the last few sessions, the profiles are getting balanced and tighter, which usually hints at a cooling-off period — where buyers and sellers are agreeing on price. This is not bearish, but shows the coin is building base after its pump.
What my pattern suggest is a heavy flow on the top, as most old OB will get activated! Invalidation below the green or closing below the green line!
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Accuracy and Precision?? - I just doodle and that's it 🪄
Join 〽️astaTrades & The Alchemy Syndicate ™ 🔮 Today!
The 〽️agic happens here: @MastaCryp
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Official Telegram Channel : @mastaishere | 〽️agic Begins 🪄 with 〽️astaCrypta! |
Accuracy and Precision?? - I just doodle and that's it 🪄
Join 〽️astaTrades & The Alchemy Syndicate ™ 🔮 Today!
The 〽️agic happens here: @MastaCryp
Accuracy and Precision?? - I just doodle and that's it 🪄
Join 〽️astaTrades & The Alchemy Syndicate ™ 🔮 Today!
The 〽️agic happens here: @MastaCryp
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.