MOODENG/USDT: Critical consolidation phase after rally
After an explosive rise, the 15m chart shows clear lateral movement between 0.126 and 0.128.
Volume has decreased, EMAs are flattening, and the RSI is trying to recover.
I am keeping an eye on two zones:
A breakout with volume above 0.1282 could bring a new leg up (target: 0.1332 / 0.1450).
A pullback between 0.1200 ~ 0.095 could provide a technical entry if it forms a bottom with a reversal pattern.
Now it's patience, not haste. Those who anticipate too much pay to see.
The zone of 0.095 is still the key support. If it holds, it could be the best entry point for the next cycle.
