MOODENG Surges 705% in 5 Days on Binance Alpha Buzz — Will It Revisit $0.60?

Essential highlights

• Moodeng jumped in 5 days with 705%, from $ 0.038 to $ 0.29.
• Worth loss tailor-made to publicity to Binance Alpha Program.
• Open curiosity rose from $ 40 million to $ 267 million, which confirms a excessive lever entry.
• Quantity turned a report excessive of $ 6.9 billion; Shorts closely liquidated.
• With cooling quantity and resistance for $ 0.28, WOODENG stands for an essential check – breakout for the entrance or begin of retracement.

Moedeng (Moodengsol), a Pumo Enjoyable Constructed Meme Coin on the Solana Blockchain has rapidly climbed the ranks of Trending Cash. It’s a distinctive cartoon -on child hippo -based branding and low preliminary market capitalization attracted the eye of speculative buyers.

At the moment act on $ 0.2454 Moedeng Coin rose by 705%, from $ 0.038 on April 30 to $ 0.29 by 11 Might.

That is largely activated by publicity by the Alpha Highlight program from Binance.

Though no official Binance spotlist has been confirmed, Moodeng’s sudden value motion, excessive neighborhood involvement and admission to Alfa enforcement watch lists have positioned it as one of many quickest rising Solana-based meme cash in Might 2025.

Outer/USDT. From the top of soil to FIB ranges

After reaching its highest spotlight of $ 0.696 in November 2024, Moedeng underwent a gradual correction of a number of months. The value that was examined a number of instances, and from the top of February to April is a smooth soil between $ 0.036 and $ 0.042.

Throughout this era the coin was exchanged sideways and rejects numerous breakout makes an attempt close to $ 0.06 earlier than they lastly constructed sufficient stress.

The actual shift got here on April 30, when Moodeng $ 0.06 broke with quantity affirmation and a parabolic rally in 5 periods in $ 0.29.

The motion turned all the massive EMAs – 20, 50, 100 and 200 – supported and marked the beginning of a brand new bullish section.

The symptoms of Moodeng help this structural shift. RSI rose to 94.97 (presently at 84.17), which signifies a robust Bullish Momentum regardless of coming into Overbought space.

MACD confirmed a bullish crossover on the finish of April, wherein the histogram has been rising steadily since then. Originally of Might, the ATR spoke sharply, because of elevated volatility, whereas the stochastic RSI stays raised, which means that the momentum is unbroken however is because of doable cooling within the brief time period.

This restoration will also be measured with the assistance of Fibonacci retracement ranges, measured from the ATH of $ 0.69639 to the native low level of $ 0.02266. The extent of 0.236 at $ 0.18166 has already been recovered.

Moodeng now consolidates simply above the extent of 0.382 at $ 0.28003, which acted as a resistance and activated a small correction to $ 0.236 on 13 Might.

If Bullish Quantity returns, the next targets $ 0.35970 (0.5 FIB), $ 0.43903 (0.618 FIB) and $ 0.55222 (0.786 FIB) embody – the latter additionally corresponding essential fishing gross sales zones. A full bullish extension can re -test the ATH at $ 0.69639.

On-chain statistics: Leverage, liquidity and whale partitions

The Memecoin rally from Moodeng is strengthened by the market energy and liquidity stabs of derivatives.

Open curiosity rose from $ 40 million out of 5 to $ 267 million by 13 Might, largely powered by Binance and Bitget.

The quantity remained constantly excessive after the highest of $ 6.9 billion on 10 Might, with 13 May approaching after that model, because of the continual speculative exercise.

Greater than $ 15.75 million had been liquidated in shorts on 9 Might, which activated a strong brief squeeze that fueled the outbreak. Financing percentages have risen to +0.035% by 10 Might and have since cooled considerably, now round +0.025% signaling has been diminished however nonetheless optimistic long-sided stress

Whale watch:

As reported by Blockchain.information, a whale restrict gross sales orders of two million cucked positioned at $ 0.565 and one other 1.1 million at $ 1.11.

These ranges correspond to the 0.786 FIB and essential psychological thresholds, making them giant resistance zones. If Moedeng approaches these areas with out persistent quantity, a reversal or consolidation may observe.

Will Vudeng evaluate $ 0.60?

Given the outbreak of 700%, recovered EMAs and rising open curiosity, Moedeng has proven all of the indicators of a structural bullish reversal. Nonetheless, the present break under 0.382 FIB and Overboughtecondities counsel {that a} consolidation section might be earlier than a serious continuation.

A confirmed Binance spotlist would act as the following giant catalyst – probably drive value past the vary of $ 0.30 – $ 0.36 and in a motion to $ 0.55 – $ 0.60. With out such a catalyst, it would proceed to view $ 0.60 a chance on medium to long-term- no instant chance.

Merchants should deal with each motion $ 0.43 as an outbreak extensionHowever take note of robust quantity and whale resistance close to $ 0.565.