Moodeng price posts intraday gains but EMA and RSI reinforce bearish momentum
Moodeng cryptocurrency has entered a pivotal phase following a failed attempt to regain bullish control after last week’s deep retracement.
The price had plunged below the 78.6% Fibonacci level of its most recent bullish structure swing high, an area that typically serves as a last line of defence for bullish continuation. Over the weekend, a short-lived recovery managed to reach the 50% Fibonacci retracement, but this rebound was sharply rejected.
Highlights
-Moodeng rises 3% to retest the 20-day EMA at $0.1975 after Monday’s 10% drop
-Price retests 20-day EMA after falling below key 78.6% Fibonacci level
-RSI at 36.1 and sell-side liquidity near $0.1785 raise downside risk
Monday’s price action confirmed that rejection, as Moodeng tumbled by more than 10% to a four-day low of $0.189. That decline broke through the 20-day EMA at $0.1975 and again fell below the 78.6% Fibonacci level, intensifying pressure on the bullish structure. The rejection at the 50% Fibonacci resistance solidified the case that the retracement had shifted into a broader short-term reversal rather than a corrective phase.

Moodeng price dynamics (June - July 2025). Source: TradingView
As of Tuesday, July 29, Moodeng is showing signs of pushback. The token has gained 3% in the European session, climbing back to the $0.1975 zone and retesting the 20-day EMA, which now acts as resistance. The EMA level is crucial. A strong move above it may revive the idea of a bullish continuation, while a failure to clear it could validate further downside.
Moodeng 20-day EMA caps intraday gains as RSI prints its lowest July reading
The daily RSI reflects this indecision, hovering near the neutral 50 level. On the 4-hour chart, the picture leans more bearish. Monday’s drop triggered a death cross at $0.205 between the 20 and 50 EMAs, introducing an additional layer of resistance. Meanwhile, the 4-hour RSI has dropped to 36.1, the lowest reading for July, confirming a build-up in bearish momentum.
Adding to the downside bias is the clear draw of sell-side liquidity just below the bullish structure’s key low at $0.1785. If Moodeng fails to reclaim the 20-day EMA, the price could gravitate toward this liquidity zone. That area now serves as a likely magnet in the coming sessions unless buyers manage to re-establish control and force a break above $0.1975.
Overall, Moodeng’s path is hinged on its ability to reclaim technical levels it recently lost. Price action in the next 24 to 48 hours will likely determine whether this current rebound attempt is a false start or the foundation for recovery.
Moodeng price benefited from strong July demand but showed signs of exhaustion by July 17. The memecoin slipped toward $0.20 as RSI and volume weakened near the 50 EMA.
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