#MOODENG Update ‼️

Market structure flipped bullish after a clear CHoCH. Price broke above previous highs and printed a Higher High at $0.34, confirming a shift in momentum. Structure is now favoring buyers with strong follow-through.

Key levels to focus are $0.26–$0.28, now acting as support after a breakout, and $0.36–$0.40 as immediate resistance. Below that, $0.16–$0.18 remains the origin of the move and a strong bullish base.

As long as price holds above $0.26, trend continuation is likely. A push through $0.40 could accelerate the move toward $0.50. However, failure to hold $0.26 and a daily close below $0.24 would invalidate the breakout, exposing price back to the $0.16 demand zone.