#moodeng

After the recent surge in listings by moodeng, retail investors have started to close their positions, with total contract holdings decreasing by 40 million. The main players are also showing a clear outflow state in the last 24 hours, and the trend of fleeing is quite obvious, especially since the current hot topics are no longer focused on the meme of sol. It is understandable for retail investors to exit.

From the 15-minute candlestick perspective, moodeng is currently at a short-term weak support level, but I feel it may not hold up for long. Further down lies a vacuum area, so the advice here is not to rush into bottom fishing; at least wait until the main players stop selling before considering this matter.