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#MOODENG# 2025/7/15 #MOODENG# $MOODENG trend analysis is as follows: the consolidation phase in a rising trend.


1. Price Trend Analysis
Recent fluctuations: The price oscillated down from 0.1877 (July 7) to 0.1772 (July 9), followed by a rapid rebound to 0.2138 (July 14), but failed to stabilize and has currently retreated to around 0.1877.
Key Turning Point: On July 10, there was a massive surge (68M trading volume), but the subsequent volume could not be sustained, resulting in high-level fluctuations.
2. Technical Indicator Signals
MACD (Moving Average Convergence Divergence):
Currently, DIFF( 0.0002) is sticking near the zero axis with DEA( -0.0002), and the histogram is close to zero (0.0002), indicating a temporary balance between bullish and bearish forces.
The rising momentum after the golden cross on July 10 has clearly diminished.
EMA (Exponential Moving Average):
Fast line (12 period EMA: 0.1884) and slow line (26 period EMA: 0.1886) are almost overlapping, with no clear directional guidance.
RSI (Relative Strength Index):
The current value is 49.31, which is in a neutral range (around 50). After peaking at 58 on July 14, it has pulled back, indicating a weakening of buying power.
StochRSI (Overbought Oversold):
The K value ( 43.07) and the D value ( 47.36) intersect below the 50 midline, indicating a weak trend in the short term.
3. Trading Volume Characteristics
After the significant rise in trading volume on July 10-11, the recent trading volume has shrunk significantly (latest 7.7M vs peak 88M), lacking continuous buying support.
4. Trend Determination: Consolidation Phase
Support range: 0.1813-0.1843 (recently tested low points multiple times)
Resistance range: 0.1935-0.1986 (July 14 rebound high point)
The current price is at the mid-point of the range, with no trend signals formed by MACD and the moving average system, and RSI is neutral, in line with oscillation characteristics.
Key observation points
1. If the volume breaks through 0.1935 and the MACD forms a golden cross, it may turn to a short-term rise.
2. If it falls below 0.1813 accompanied by StochRSI entering oversold (<20), it may trigger a new downtrend.
3. Continuously monitor changes in trading volume; the current volume is insufficient to form a trending market.
It is recommended to operate near the boundary of the range combined with breakout signals, while maintaining a wait-and-see approach in the mid-track area.
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