#MOODENG 2025/6/5 #MOODENG $MOODENG Current trend assessment: short-term rebound phase in a falling trend

Core Indicator Analysis:
1. Price Trend:
Continuously fell from the high of 0.256 on May 27 to the low of 0.193 on May 31 (a fall of 24.6%)
Recently, there has been a Rebound (reaching a peak of 0.234 on June 3), but it has not been able to break through the previous high.
The latest price of 0.194 is still below the key EMA moving average.
2. EMA Moving Average System:
Fast line (ema_fast: 0.202) continues to be below slow line (ema_slow: 0.207), showing a bearish arrangement.
The distance between the two lines (-0.005) has slightly narrowed, but a golden cross has not yet formed.
3. MACD Indicator:
The histogram (macd_histogram) negative for 35 consecutive periods
The latest value of -0.001 is still negative, but the DEA line shows signs of flattening.
shows falling momentum weakening but not reversing
4. Trading Volume Characteristics:
Accompanied by increased volume during the fall (e.g., 78M trading volume on May 30)
Rebound lacks trading volume (the rebound on June 1 had only 22-28M in trading volume)
Recent trading volume has continued to shrink.
5. Key Swing Indicator:
RSI rebounded from the oversold area (23) to 38, still below the 50 midline.
StochRSI has formed a golden cross (K value 13.5 crossing above D value 24.6), but is in a low range.
Key levels for long and short positions:
Resistance levels: 0.207 (previous rebound high), 0.215 (EMA slow line position)
Support levels: 0.193 (recent low), 0.187 (lowest on May 31)
Operation recommendation:
A technical Rebound may occur in the short term, but please note:
1. If the price breaks through 0.207 and stays above the EMA slow line, it may turn into a consolidation market.
2. If it falls below the support at 0.193, it will confirm the continuation of the downtrend.
3. The current RSI and StochRSI indicate oversold recovery, but the MACD has not yet confirmed the trend reversal.
Risk Warning:
Be cautious of the "fall continuation" pattern, and it is advised to pay close attention to:
Is the volume continuing to increase along with the Rebound?
Can MACD form a golden cross?
Is there a continuous 3 closing prices above the EMA fast line?