Moondeg Explodes 200%, Can Bulls Push to the Next Key Resistanc

Moondeg (MOODEG) has posted an incredible 200% gain after reclaiming a major support zone at $0.03. With momentum still intact, traders now eye $0.20 as the next major upside target.

Key Technical Points:
Support Bounce: $0.03 level aligns with POC and value area low
Next Resistance: $0.20 confluence zone (VWAP, 0.618 Fib, bearish OB)
Momentum: Impulsive volume suggests strength but short-term consolidation likely

Price Action Overview:
Moondeg found strong demand at $0.03, a level that aligns with the point of control (POC) from the all-time high volume profile, as well as the value area low. This triple confluence created a solid base for the explosive price action that followed.

Current Momentum and Structure:
The move has been notably impulsive, supported by a spike in volume—a sign of strong market interest. Price has now entered an expansion phase, forming a higher high within a bullish market structure. However, traders should expect short-term consolidation, which is both natural and healthy after such rapid movement.

Targets and Trade Setup:
The key area to watch is $0.20, which aligns with multiple resistances: the VWAP from the ATH, the 0.618 Fibonacci retracement, and a bearish order block. If price consolidates and puts in a higher low, a retest of $0.20 becomes highly probable, with further upside potential toward $0.31 if broken.

Conclusion:
Moondeg has shown strong bullish momentum with clear technical structure. While short-term consolidation is expected, holding higher lows will increase the probability of another leg higher into major resistance zones.