$MOODENG Dumped from 0.0875 to 0.0376, then snapped back hard — now hovering around 0.055. This is a rebound market, but still below the real supply zone. I only respect longs if it confirms; otherwise I fade the pumps.
Plan A (Long only if confirmed): Long on reclaim + hold above 0.0577, SL 0.0539, targets 0.0630 → 0.0680 → 0.0790.
Plan B (Short on rejection): Short if it fails under 0.0575, SL 0.0630, targets 0.0539 → 0.0495 → 0.0460.
Pro tips: after a big bounce, buy the retest not the first green candle; lock TP1 early and trail the rest; if it loses 0.0539, stop hoping and step aside.