📊 Market information
• Current price: $0.00003803
• 24h volatility: +0.0385%
• 24h peak: $0.00003814
• 24h bottom: $0.00003410
• 24h trading volume: ~$5.75 million
• Market capitalization: ~$16 million
• Circulating supply: ~420 billion MOODENG
• Maximum total supply: ~420 billion MOODENG
• All-time high (ATH): $0.00004551
• Current price compared to ATH: -16.5%
🧠 Project overview
Moo Deng (MOODENG) is a memecoin built on the Solana platform, inspired by a pygmy hippopotamus named Moo Deng living at the Khao Kheow Open Zoo in Chonburi, Thailand. This hippopotamus became famous on social media in September 2024 due to its cute appearance and lively personality. This fame prompted the launch of the MOODENG coin in September 2024 through the Pump.fun platform on Solana.  
Although it lacks specific utilities, MOODENG attracts the community thanks to its unique story and strong viral spread on social media. The 'Moo-Gang' community regularly organizes events, competitions, and meme challenges, contributing to the project's brand recognition and community bonding.
⚠️ Market warning
• Impact from BTC: The altcoin market, including MOODENG, is heavily influenced by BTC's volatility. When BTC fluctuates significantly, technical analysis may become ineffective. Investors should be cautious and consider carefully before making trading decisions.
• Strong price volatility: MOODENG has experienced significant price fluctuations since its launch, with an initial strong increase followed by a deep correction. Investors need to closely monitor and manage risks.
📈 Technical analysis
• 1H & 4H frame: MOODENG is fluctuating in the range of $0.00003410–$0.00003814. No clear trend signals yet.
• 1D frame: MACD and RSI show slight bullish signals, but a strong upward trend has not yet been confirmed.
• 1W frame: The price is still within a long-term uptrend channel, needing to break the $0.00004000 level to confirm a continued upward trend.
🎯 Trading strategy
Long order:
• Entry: $0.00003803
• TP: $0.00004500
• SL: $0.00003400
• Probability of success: ~60% 
Short order:
• Entry: $0.00004500
• TP: $0.00003800
• SL: $0.00004700
• Probability of success: ~55%
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