Trading Signals for $MOODENG

MOODENG has been exhibiting potential consolidation around the $0.27 - $0.29 range over the past 24 hours, with a 3.13% increase in price. The trading volume has declined by 5.13%, suggesting reduced momentum but maintaining a strong Vol/Mkt Cap ratio at 27.05%. The all-time high from a month ago at $0.6911 indicates significant retracement and room for short-term recovery. A scalping strategy can capitalize on the current consolidation pattern, leveraging small price movements in this range.

Suggested Trading Strategy:
Action: Long Position (Bullish Bias)
Entry Range: $0.2780 - $0.2830
Stop-Loss (SL): $0.2760
Take Profit (TP): $0.2950 - $0.3100

Action: Short Position (Bearish Bias if rejection occurs)
Entry Range: $0.2900 - $0.2920
Stop-Loss (SL): $0.2960
Take Profit (TP): $0.2750 - $0.2700

🥂 Trade Here👇

🚨 Note: Trade at your own risk. Always do your own research (DYOR).

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