MOODENG Surges 250% After Hippo Hoax, Then Tumbles: What Lies Ahead?

CryptoNewsLand
MOODENG0,29%
HIPPO1,44%

MOODENG spiked 250% after a viral hippo hoax but faced immediate profit-taking.

Key support at $0.095 may trigger a bounce toward the $0.116–$0.12 zone.

Bulls remain cautious as low liquidity and selling pressure challenge sustained upward momentum.

Moodeng — MOODENG, saw a jaw-dropping spike on Binance Futures, jumping nearly 250% on December 6th. A viral hippo death hoax caused extreme volatility within an hour. Low liquidity over the weekend amplified price swings, surprising many traders. However, the surge did not last. Profit-taking quickly followed, pushing the price lower. Now, investors are asking whether Moodeng can sustain gains or if another dip is on the horizon.

Weekend Pump: What Happened

reached $0.253 during the frenzy, while the Funding Rate, paid every four hours, rose to 0.61%. On the 1-day chart, the previous bearish structure flipped bullish when the lower high at $0.0958 was breached. The swing high from November at $0.1093 is now testing resistance. The DMI shows upward momentum is active, with the ADX and +DI above 20. Despite this, the A/D volume indicator declined, indicating smart money harvested profits.

The day’s close sat far below the high, signaling demand exhaustion and bearish divergence. Even on the 1-hour chart, A/D dropped before bouncing back, showing that buying pressure was not strong enough to sustain the rally. The $0.095 demand zone is key. If Moodeng revisits this level, another bounce toward the $0.116–$0.12 liquidity area could occur. Traders watch this zone closely for potential entry opportunities.

What’s Next for MOODENG?

Moodeng’s recent pump presents both opportunity and risk. The high Funding Rate rewards longs, but capturing funding effectively requires skill. A rally above $0.12, paired with increased social media buzz and higher trading volume, may signal a potential recovery.However, the bears still hold power. Profit-taking dominated the surge, suggesting buyers lack confidence in maintaining upward momentum. Traders in profit may exit, causing additional downward pressure.

A revisit to $0.095 could provide a second chance to buy, anticipating a bounce toward $0.12. Despite bullish signs, the rally remains fragile. Any failure to hold above the $0.095 zone could trigger a bearish reversal. Traders should monitor volume and demand indicators closely. Price action in the next few sessions will reveal whether Moodeng stabilizes or faces another sharp drop. The current market shows Moodeng as a speculative play.

Short-term traders can capitalize on volatility, while cautious investors may wait for confirmation of support and buying pressure. Watching key levels, funding rates, and social signals remains crucial for predicting the next move. Momentum alone is not enough to sustain gains. Profit-taking, low liquidity, and weekend trading patterns make Moodeng unpredictable.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Expert Claims Altcoin Metrics Are Being 'Gamed' to Mislead Investors

Crypto researcher Orbion raises concerns over the possible manipulation of key market indicators, including the Altseason Index and Crypto Fear and Greed Index, suggesting that inflated metrics create false optimism and mislead investors about the onset of altcoin season.

Coinpedia10m ago

XRP Holds $1.34 Support as $1.80–$2.00 Becomes 2025 Make-or-Break Zone

XRP is trading at $1.37 and its trading higher than the support of $1.34 but facing a heavy resistance at $1.38. The critical structural pivot zone of $1.80-2.00 is the critical 2025 structural pivot. March structure has the targets of $2.78 and 3.60, with anticipated

CryptoNewsLand12m ago

XRP Slides to $1.42 After Losing $1.80–$2 Neckline as $1.39 Support Faces Immediate Test

XRP dropped to less than the $1.80-2 neckline and a key support area became an overhead and the overall trend was altered. The current short-term trading corridor is between the support and resistance of the asset which is between $1.39 and $1.47 respectively. A price above $1.39 will

CryptoNewsLand18m ago

Dogecoin Prints Monthly Morning Doji Star — Will $0.097 Break Next?

Dogecoin is forming a "Morning Doji Star" pattern on the monthly chart around $0.09, indicating a potential bullish reversal despite a recent 1.9% daily decline. Key support is at $0.09036 and resistance at $0.09707, with current trading at $0.09010.

CryptoNewsLand22m ago

Solana at $84: Two Liquidity Clusters Might Decide Next Move - U.Today

Solana's payments volume surges 755%, but its price drops 1.40% amid profit-taking and a stronger dollar. Market sentiment remains cautious, with two liquidity clusters forming at $95 and $78-$85, indicating potential future volatility.

UToday58m ago

PEPE Price Coils Within $0.053385–$0.053517 Band as Momentum Stays Balanced

PEPE is trading within a tight range, with support at $0.053385 and resistance at $0.053517. The token shows minimal daily gains and balanced momentum indicators, indicating potential for volatility. Despite limited movement against USDT, PEPE appreciates against BTC and ETH.

CryptoNewsLand1h ago
Comment
0/400
No comments