Technical analysis by ssmog369 about Symbol MOODENG: Sell recommendation (5/12/2025)

ALot of short positions have been built up in Moodeng and many are liquidated too. however this time a clear bear divergence is seen on 4Hr time frame from a previous resistance zone of Fib. extension. seeing other confluences like 1.drop in volume, 2. dropping MFI and DMI 3 coinglass liquidation building up larger in lower price then higher, making it magnetic pull towards low price 4. lower long/short ratio despite of high price on 4h TF It is safe to say that short position can be built in moodeng here is the setup. I suggest less then 5 leverage as it could be risky trade 1. short at CMP if you don't want to miss the trade entry 2. 0.2715 DCA at 0.31 SL. 0.321 TP 1. 0.202 TP 2. 0.168 This make your risk to reward ratio of 2.5 collectively. Happy earning