$MOODENG is showing excellent structural resilience. After testing a low of $0.0342, it has established a firm higher low and is currently holding steady right around $0.0374.
The price is safely tucked near the middle Bollinger Band baseline ($0.0382). With the MACD heading toward a positive crossover, momentum is clearly swinging back into the bulls' favor. A daily close above the local resistance will trigger a rapid squeeze toward the previous local peak at $0.0434.
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