🚨 MOODENG Price Action Analysis: Key Support and Resistance Levels Revealed! 🚨

The latest 4-hour chart shows critical levels that will determine MOODENG's next move. Here’s a breakdown of what to watch:

📉 Current Price Zone: Hovering near $0.32335, just below the Weekly Value Area Low (WVAL) at $0.33378. This signals potential support if buyers step in.

📊 Immediate Resistance:

WVAL: $0.33378 — Strong resistance level, as price is struggling to break above it.

Daily Close Zone: $0.37353 — A breakout above this could indicate a shift back to bullish momentum.

📈 Support Levels:

First Key Support: $0.31817 — Acts as a short-term support if price faces more selling pressure.

Next Support Level: $0.27696 — Stronger support zone; a break below here may lead to further downside.

Major Value Area Low (mVAL): $0.23204 — A significant level, as this could be a crucial floor if bearish momentum accelerates.

🔍 Key Takeaway: Watch for a break above $0.33378 for bullish continuation or a fall below $0.31817 for bearish confirmation.

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