will Moodeng go upto 0.30 in the current month?

📌 1. Current Market Condition

The current price is in the range of $0.14–0.15 (Bybit: $0.1416; previously ranged $0.137–$0.151).

After a rally of more than +600% since May, the price has reached a strong resistance area at ~$0.32.

Currently, the RSI is in the overbought zone (> 85), indicating potential short-term correction to the area of $0.075–$0.06.

🎯 Entry / Stop‑Loss / Take‑Profit Strategy A. Short (Short-term trading)

Entry: wait for a retracement to strong support at $0.12–$0.14 (fibonacci area and horizontal support zone).

SL: place slightly below the support zone, for example, $0.115.

TP: target a rebound to the resistance area at $0.16–$0.18 (intraday range). Take profit immediately if the rise stagnates or volume decreases.

B. Rebound after major correction

If a wide correction is confirmed (price drops to the range of $0.075–$0.06):

Re-entry: in this area after a reversal signal (bullish candlestick / RSI divergence).

SL: below the lowest level of the zone, for example, $0.055.

TP:

First at $0.12–$0.14 (short-term resistance).

If broken, continue to $0.20–$0.25, then potential towards re-testing ATH $0.32.

🧭 Strategy Summary

SchemeEntrySLTPShort-term rebound$0.12–$0.14$0.115$0.16–$0.18Longer correction$0.075–$0.06 (after reversal dip)$0.055$0.12 → 0.20 → 0.32

#MOODENG $BTC