MOODENG/USDT Technical Analysis – November 2024
The chart indicates that MOODENG is forming a potential upward channel, supported by recent price action that shows a notable recovery from a dip.
Key Observations:
Current Price: $0.21849, showing minor retracement.
Support Level: $0.19932, serving as a key threshold to maintain the bullish setup.
Resistance and Targets:
First Target: $0.34453 (Potential gain of +72.85%).
Analysis Insight:
MOODENG appears to have broken out from a rounded bottom pattern, suggesting further bullish potential if the price stays above the $0.19932 support level. A move past the recent highs would confirm an uptrend and aim for the primary target at $0.34453.
Conclusion: Monitor the $0.19932 support for confirmation of the continuation. If the support holds, the setup remains favorable for further gains.
#MOODENG #Crypto #TechnicalAnalysis #PriceTargets
The chart indicates that MOODENG is forming a potential upward channel, supported by recent price action that shows a notable recovery from a dip.
Key Observations:
Current Price: $0.21849, showing minor retracement.
Support Level: $0.19932, serving as a key threshold to maintain the bullish setup.
Resistance and Targets:
First Target: $0.34453 (Potential gain of +72.85%).
Analysis Insight:
MOODENG appears to have broken out from a rounded bottom pattern, suggesting further bullish potential if the price stays above the $0.19932 support level. A move past the recent highs would confirm an uptrend and aim for the primary target at $0.34453.
Conclusion: Monitor the $0.19932 support for confirmation of the continuation. If the support holds, the setup remains favorable for further gains.
#MOODENG #Crypto #TechnicalAnalysis #PriceTargets
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Subscribe to my X 👉 : x.com/VIPROSETR
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。