$MOODENG H1 Bullish Idea Update.
As described in my previous analysis earlier, the retest is currently playing. I've added a couple of support trendlines just to gauge it awhile ago if it was falling.
Now, I moved to the H1 chart to see if how the coin's movement will react to once I get an EMA GX, and as shown in the chart, it surged past the 50% Fib level.
Expect a massive reaction to the upside once it breaks the 79% Fib level and the bullish pivot at $0.27.
But still be vigilant for sudden dumps as the previous downtrend has created multi OBs especially in the lower frames.
If you're currently in a long and in profit, might as well set a checkpoint to secure your trade.
