Updated

Will MOODENG explode?

With the data available from the MOODENG symbol, it appears to have entered wave C

Wave B has been a diametric that has ended.

We have specified the targets of wave C on the chart.

Considering the small market cap of this symbol, one can hope for its growth, but you should not forget that it is a MEME and has its own risks.

Now, the price has pumped up and it is risky to enter the position. The green range is the right place to enter the position.

Closing a daily candle below the invalidation level will violate this analysis

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

Trade closed: target reached

Unfortunately, MOODENG did not reach our entry range, but the first TP was achieved

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