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

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

🎯Direction: Long

🎯Entry: 0.0515 - 0.0525

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

🚀Target 1: 0.0575

🚀Target 2: 0.0620

Core logic: This is textbook-level short squeeze行情. Funding rate is highly negative at -0.48%, open interest (OI) remains stable at a high level of 96 million, and shorts are paying huge fees without exiting. The deep imbalance of 2.44% shows buy orders (bids) far outweigh sell orders (asks), indicating institutions are supporting the price and absorbing the buy pressure.

Price action (PA) shows that after the surge, 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, and buyers are actively absorbing at the key support zone (0.0513-0.0520 previous consolidation area). RSI at 67.9 is healthy and pulling back 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-short squeeze trend is suicidal.

Trade here 👇 $MOODENG

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