MOODENG
On December 12, MOODENG experienced a long bullish candle, followed by a price retreat and entering a consolidation phase.
MACD Analysis: Currently, both DIF and DEA are in negative territory, but the MACD histogram is gradually shortening, indicating a weakening of downward momentum and an increased likelihood of a reversal to a bullish trend.
RSI Analysis: The RSI is currently close to 50, with the market in a neutral to slightly strong range, showing no significant overbought or oversold conditions.
Trading Volume: On December 16, trading volume significantly increased, especially between 8:00 AM and 12:00 PM, indicating a notable rise in market activity and suggesting a stronger willingness for capital inflow.
Operational Suggestion: You may place buy orders around 0.372, and it is recommended to use 2-3 times leverage.