$MOODENG
#USRetailSalesMissForecast #MOODENG Market Update 📊
MOODENG has recently shown increased market activity after a period of range-bound movement. The price is testing a key resistance zone, and a successful break above it could fuel bullish continuation toward the next liquidity cluster. Buyers seem more present on pullbacks, indicating improving demand dynamics at support levels.
Volume has begun to pick up on positive price bars, suggesting that sentiment might be shifting in favor of the bulls. However, failure to secure the breakout could lead to a retest of the support area, where buyers have defended previously.
Overall, the structure currently leans bullish as long as the identified support holds. Watch for a confirmed resistance break with strong volume for a high-conviction setup.