What Does Technical Analysis Of MOONDENG Price Highligh After St
Despite its relatively short time in the market, MOO DENG has shown impressive gains, causing excitement and FOMO among investors. Those who invested early are now enjoying substantial profits.
This week, the price surged from a low of $0.01533 to a high of $0.22810, making for an exciting journey on the hourly chart. The price has demonstrated strong upward movement at various resistance levels, such as $0.060 and $0.122, with the next significant hurdle at $0.20.
On the hourly chart, the price has consistently stayed above the 20-day and 50-day EMA bands, indicating bullish momentum. The rapid gains of an early investor, who turned $1,331 into $3.4 million, have attracted more participants, fueling ambitious expectations for similar results.
If MOO DENG can break through the recent resistance levels, the next targets are $0.22 and $0.25. However, if it fails to surpass $0.20, the support levels are $0.17 and $0.15.
