【$MOODENG Signal】Long | Healthy Pullback After Short Squeeze Initiation

After a violent 21% surge, $MOODENG is undergoing a healthy cooldown just above the key breakout level. The 4H chart shows the price consolidating strongly above the EMA20 (0.0476), which is a typical trend continuation pattern.

🎯Direction: Long

🎯Entry: 0.0515 - 0.0525

🛑Stop Loss: 0.0495 (Fell below the previous 4H K-line low and EMA20 support, logic invalidated)

🚀Target 1: 0.0575

🚀Target 2: 0.0620

Core logic: This is textbook short squeeze action. Funding rate is highly negative at -0.48%, open interest (OI) remains stable at a high level of 96 million, indicating shorts are paying huge fees and have not exited. The depth imbalance of 2.44% shows bid thickness far exceeds ask thickness, with institutions actively supporting the price and absorbing buy orders.

Price action (PA) shows that after the rally, the retracement volume has shrunk (latest 4H volume only 80.17 million), and the buy/sell ratio has risen to 0.51, indicating selling pressure is exhausted. Buyers are actively absorbing at the key support zone (0.0513-0.0520 previous consolidation area). RSI at 67.9 is a healthy pullback from overbought territory, with no bearish divergence. ATR indicates normal volatility, and stop loss space is reasonable.

Overall judgment: The short squeeze has not ended; major players continue to squeeze with high negative funding rates. Any pullback to the breakout level and EMA support zone presents a high risk-reward long entry opportunity. Strictly avoid shorting due to RSI not being overbought; counter-squeeze trend is suicidal.

Trade here 👇 $MOODENG
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