$MOODENG — Vertical Breakout with Heavy Volume Expansion
$MOODENG has triggered a clean bullish breakout backed by strong volume confirmation, signaling momentum continuation potential.
📊 Trade Plan
Entry Zone: $0.0490 – $0.0530
Stop Loss: $0.0450
Target 1: $0.0560
Target 2: $0.0600
Target 3: $0.0650
🔎 Why This Setup Stands Out
Strong 1H Impulsive Breakout: A decisive bullish candle closed above range resistance with a clear volume spike — showing aggressive buyer participation.
Market Structure Shift: Price is printing higher highs and higher lows, confirming short-term bullish control.
Resistance Turned Support: The $0.0460 level has flipped from resistance into support, strengthening the bullish bias.
Momentum Continuation Pattern: Breakout follows a tight consolidation range, often leading to expansion moves.
📈 What’s Next?
Holding above the psychological $0.0500 level is key.
If buyers defend this zone, continuation toward $0.0600+ becomes highly probable, with $0.0650 as an extended momentum target.
As long as price maintains structure and volume stays supportive, dips into the entry zone may offer favorable risk-to-reward positioning.
Trade smart. Manage risk. Let momentum work.
