{"id":436838,"date":"2024-10-26T06:00:03","date_gmt":"2024-10-26T00:30:03","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=436838"},"modified":"2024-10-25T17:43:23","modified_gmt":"2024-10-25T12:13:23","slug":"moodeng-surges-over-100-after-binance-listing-will-the-rally-hold","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/moodeng-surges-over-100-after-binance-listing-will-the-rally-hold\/","title":{"rendered":"MOODENG surges over 100% after Binance listing: Will the rally hold?"},"content":{"rendered":"<ul>\n<li><em>Moodeng skyrockets more than 100% after Binance listing.<\/em><\/li>\n<li><em>Liquidation levels suggested a correction is likely before a rally.<\/em><\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/category\/memecoins\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Moo Deng [MOODENG]<\/a>, a hippo-themed memecoin deployed on Solana, recently saw a strong price breakout following its listing <a href=\"https:\/\/x.com\/BinanceFutures\/status\/1849726483910230403\" target=\"_blank\" rel=\"noopener\">on<\/a> Binance Futures.<\/p>\n<p>As trading volume continues to rise, indicating positive momentum, traders are wondering if MOODENG will maintain this momentum or if a market correction is imminent.<\/p>\n<h2><strong>Moo Deng price action and prediction<\/strong><\/h2>\n<p>Following its Binance listing, MOODENG saw a price surge of over 100%, breaking out from a key resistance level of a falling wedge pattern.<\/p>\n<p>Traders speculate that this recent breakout could indicate room for even higher gains, especially as trading volume rises, signaling positive momentum.<\/p>\n<p>As of press time, MOODENG was testing another significant resistance above its price. If price could break through, projections suggest a potential move to $0.2660, and possibly up to $0.3540.<\/p>\n<p>However, many traders expect a short correction before a continued upward trend, given the magnitude of the recent rally.<\/p>\n<figure id=\"attachment_436849\" aria-describedby=\"caption-attachment-436849\" style=\"width: 2475px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauLrCsaAAAoCiC.jpg\"><img decoding=\"async\" class=\"wp-image-436849 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauLrCsaAAAoCiC.jpg\" alt=\"\" width=\"2475\" height=\"1264\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauLrCsaAAAoCiC.jpg 2475w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauLrCsaAAAoCiC-300x153.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauLrCsaAAAoCiC-1024x523.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauLrCsaAAAoCiC-768x392.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauLrCsaAAAoCiC-1536x784.jpg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauLrCsaAAAoCiC-2048x1046.jpg 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauLrCsaAAAoCiC-1200x613.jpg 1200w\" sizes=\"(max-width: 2475px) 100vw, 2475px\" \/><\/a><figcaption id=\"caption-attachment-436849\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p>For those looking to enter, analysts recommend waiting for a confirmed retest at current levels.<\/p>\n<p>MOODENG\u2019s momentum has shown strong growth, backed by timely listings on major exchanges, which may further boost its price trajectory.<\/p>\n<h2><strong>Profit-taking and liquidations could hinder continuation\u00a0<\/strong><\/h2>\n<p>After Binance\u2019s listing announcement, MOODENG\u2019s price surged as expected, allowing one savvy trader to make $140K in minutes.<\/p>\n<p>This trader quickly bought 2.77 million MOODENG tokens with 1300 SOL and sold them for 2109 SOL, securing a substantial profit.<\/p>\n<p>While similar trades have followed other Binance listings, the current trend raises questions about whether MOODENG\u2019s price will continue higher or face selling pressure from traders taking profits.<\/p>\n<figure id=\"attachment_436846\" aria-describedby=\"caption-attachment-436846\" style=\"width: 2088px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauhSANaAAEAZvU.jpg\"><img decoding=\"async\" class=\"wp-image-436846 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauhSANaAAEAZvU.jpg\" alt=\"\" width=\"2088\" height=\"1288\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauhSANaAAEAZvU.jpg 2088w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauhSANaAAEAZvU-300x185.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauhSANaAAEAZvU-1024x632.jpg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauhSANaAAEAZvU-768x474.jpg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauhSANaAAEAZvU-1536x947.jpg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauhSANaAAEAZvU-2048x1263.jpg 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/GauhSANaAAEAZvU-1200x740.jpg 1200w\" sizes=\"(max-width: 2088px) 100vw, 2088px\" \/><\/a><figcaption id=\"caption-attachment-436846\" class=\"wp-caption-text\">Source: Lookonchain<\/figcaption><\/figure>\n<p>Market observers are closely watching for further moves, as higher volume and momentum could support MOODENG\u2019s ongoing rise.<\/p>\n<p>A further analysis of the liquidation patterns suggests that the crypto faces clustered liquidation orders near $0.144 worth almost half a million, creating a price floor.<\/p>\n<p>Meanwhile, fewer liquidation orders above current levels limit the possibility of a swift move higher.<\/p>\n<p>For MOODENG to continue its rally, it may need to first dip slightly, releasing pressure before potentially climbing again.<\/p>\n<figure id=\"attachment_436845\" aria-describedby=\"caption-attachment-436845\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Bybit-MOODENG_USDT-Liquidation-Heatmap24-hour-2024-10-25_13_20_53.png\"><img decoding=\"async\" class=\"wp-image-436845 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Bybit-MOODENG_USDT-Liquidation-Heatmap24-hour-2024-10-25_13_20_53.png\" alt=\"\" width=\"2560\" height=\"1512\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Bybit-MOODENG_USDT-Liquidation-Heatmap24-hour-2024-10-25_13_20_53.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Bybit-MOODENG_USDT-Liquidation-Heatmap24-hour-2024-10-25_13_20_53-300x177.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Bybit-MOODENG_USDT-Liquidation-Heatmap24-hour-2024-10-25_13_20_53-1024x605.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Bybit-MOODENG_USDT-Liquidation-Heatmap24-hour-2024-10-25_13_20_53-768x453.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Bybit-MOODENG_USDT-Liquidation-Heatmap24-hour-2024-10-25_13_20_53-1536x907.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Bybit-MOODENG_USDT-Liquidation-Heatmap24-hour-2024-10-25_13_20_53-2048x1209.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/10\/Bybit-MOODENG_USDT-Liquidation-Heatmap24-hour-2024-10-25_13_20_53-1200x709.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-436845\" class=\"wp-caption-text\">Source: Coinglass<\/figcaption><\/figure>\n<p>This listing has brought considerable interest and price momentum, positioning it as one of the most-watched memecoins currently.<\/p>\n<hr \/>\n<p style=\"text-align: center;\">Realistic or not, here\u2019s\u00a0<a href=\"https:\/\/ambcrypto.com\/calculator\/marketcap\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">MOODENG\u2019s market cap in BTC\u2019s terms<\/a><\/p>\n<hr \/>\n<p>As traders weigh profit-taking against future gains, MOODENG&#8217;s price trajectory remains promising yet cautious.<\/p>\n<p>The next few days could be key in determining if this hippo-themed coin will form new highs or settle into a correction phase before attempting another rally.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MOODENG surges after Binance listing; profit-taking pressures future rally amidst liquidation zones.<\/p>\n","protected":false},"author":98,"featured_media":436825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[5824,66,3,4,20],"tags":[6427],"class_list":["post-436838","post","type-post","status-publish","format-standard","has-post-thumbnail","category-memecoins","category-new-news","category-news","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MOODENG surges over 100% after Binance listing: Will the rally hold? - AMBCrypto<\/title>\n<meta name=\"description\" content=\"The news of the listing caused MOODENG to surge over 100%, pushing the coin out of a falling wedge resistance zone and into new highs.\" \/>\n<meta name=\"robots\" content=\"index, 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