MOODENG Looking Bullish on 4Hr Timeframe. To provide a technical analysis of the chart for MOODENG/USDT on Binance, we will examine the given data and chart pattern.
*Understand the Chart and Data*
The chart provided is a 4-hour candlestick chart for MOODENG/USDT. The data given includes:
- Last Price: 0.15673 USDT
- 24h High: 0.15717 USDT
- 24h Low: 0.14946 USDT
- 24h Volume (MOODENG): 288.03M
- 24h Volume (USDT): 44.29M
- Mark Price: 0.15681 USDT
1. *Trend*: The overall trend on the 4-hour chart is Bullish, as indicated by the Upward movement.
2. *Support Area
- The recent low of 0.14946 USDT can be considered a support level.