$MOG – Should Hold the Line at 0.40

surges 11.71%, just ran cleanly intraday — topping 0.63 before cooling off to 0.45. The local support that it needs to hold now is 0.40

The spike is fueled by bullish technicals, a burst in derivatives activity, and renewed social buzz.

Technical Outlook:
On the lower timeframe, we want to see 0.40 hold — if it does, price could retrace and fill half of its upwick toward 0.50

On the higher timeframe, a strong double bottom is forming, and with maintaining its key structure, the setup is quietly aligning for a potential move higher.

However, a break below 0.40 opens the door for a retest of 0.20s, filling its downwick — and if momentum fades further, we could even see a deviation toward 0.14 before any real recovery.

Tealstreet

Advanced Crypto Trading Terminal
Lightning-fast execution — 100% free!

Trade like a Pro via Tealstreet ⚡️
tealstreet.io/
linktr.ee/tealstreet.io

Content in partnership with:
linktr.ee/mooncakexbt

Мои профили:

Отказ от ответственности

Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.

Tealstreet

Мои профили: