Technical analysis by P_S_trade about Symbol MOODENG on 5/23/2025

😭 How “fun” you can live trading memecoins!)First, -97% dump, and then +1600% if from the absolute bottom, or +800% of a rapid pumping)And with all this, the capitalization of #MOODENG is only $275 million, and at the maximum it was around $600 million.🕯 Moreover, on the MOODENGUSDT chart, they “draw” as if they want to give another upward momentum. Here's the question: to $0.40 or $0.70?❗️ But this is an idea for spot holders!!!Because as you can see on the chart, a -50% correction "It's not a big deal" at all, and it can liquidate longs even with x2 leverage._____________________Did you like our analysis? Leave a comment, like, and follow to get moreYesterday's price increase for #Moogeng was very good (maybe someone managed to make a profit or at least break even) because before that there was an equally "good" -50% drop in price.❗️ But be very careful when trading this asset, because there could be another -65% drop in the price of #MOODENGUSDT. Below $0.12 is a void and an abyss....