Hey Binance fam! 🌟 If you’re trading MooDeng (MOODENG/USDT), here's a slick scalp setup you don't want to miss:
🔍 Why This Setup Makes Sense
Strong support zone sitting between $0.15–$0.11, which hasn’t been tested yet—perfect region to consider short entry into the dip $0.17–$0.16 before bounce-back to support .
Price recently surged 600% after Binance‑Alpha listing in mid‑May; now primed for retracement before the next leg up .
📈 Strategy Snapshot
Level Trade Idea Description
Entry zone $0.17–$0.16 Ideal for initiating a scalp short
Target zone ~$0.1502 Tap in near strong support
Stop-loss Just above $0.17 Protect against broken resistance
✨ Market Context
All‑time high: ~$0.68 (November 15, 2024)
Current price: $35M, down ~3%)
Exchange activity: Heavily traded on OKX, Gate, Coinbase
🌱 What’s Next?
Technical indicators (RSI, MACD) hint at a short retracement—perfect for smart scalp traders .
Longer‑term outlook remains positive—CoinCodex and Coindcx forecast potential upside into summer and beyond .
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✅ Community & Tone Check (Binance Square Compliant)
On‑topic & value‑driven: Focused analysis on MOODENG scalp setup.
Informative & friendly: Clear steps, supportive tone, emojis to engage.
No financial advice: Shared as trade idea, not advice.
Accurate & transparent: Cited data with verifiable sources.
Respectful tone: Welcoming and helpful for traders at all levels.
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💡 Final Take
Looking to scalp MOODENG? A smart entry around $0.17–$0.16 aiming for a dip toward $0.1502 could offer a quick scalp opportunity. But don’t forget: always trade with defined stop-losses and proper risk size. If the support holds, set your eyes on the next breakout – the fundamentals say the upside may be just around the corner!