Moodeng price holds modest daily gain after 17% drop triggered heavy liquidations

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15.08.2025

Moodeng price holds modest daily gain after 17% drop triggered heavy liquidations — Moodeng awaits breakout signal

Moodeng cryptocurrency faced heavy selling pressure on Thursday, resulting in a sharp 17% drop that erased all gains from the current week and the previous week. The decline drove price to an eight-day low near $0.15, shifting the week-to-date performance into negative territory. The sell-off coincided with a steep fall in the aggregated long-to-short ratio to 1.15, the lowest level in over 30 days. While this still reflects a higher number of long positions compared to shorts, it indicates that bullish conviction has thinned considerably.

• Moodeng up 2.6% today but still down -8.8% week-to-date due to 17% crash

• Long/short ratio at 1.15 and drop in open interest show weaker bullish conviction

• $0.167 resistance at 100-day EMA and monthly open keeps sellers in control for now

The sharp decline was also marked by a spike in liquidations, pointing to a wave of leveraged long positions being forcefully closed. This liquidation flush triggered a noticeable drop in open interest from recent highs, suggesting that many traders chose to exit the market entirely rather than re-enter following the sell-off. Price has since stabilised around $0.167, but open interest remains steady at lower levels, signalling reduced participation and a market in a reset phase as traders wait for stronger directional cues.

Moodeng price dynamics (July - August 2025). Source: Tradingview

From the $0.15 low, Moodeng managed to recover some ground, gaining about 12% before facing a significant barrier at $0.167. This level is reinforced by the 100-day EMA and represents a prior support zone that has now turned into resistance. Notably, $0.167 also marks the monthly opening price, adding to its importance as a technical pivot for market participants.

Moodeng capped by 100-day EMA and monthly open at $0.167

As of Friday’s European session, Moodeng is trading near $0.1658, showing a daily gain of 2.6% but still reflecting an 8.8% loss on the week. The inability to break through the $0.167 resistance has kept traders in a wait-and-see mode, monitoring whether the market will gain enough momentum to push higher or whether sellers will reassert control.

A sustained breakout above the monthly opening price and the 100-day EMA would be a strong bullish signal for the rest of August. Such a move would indicate renewed buying interest and could shift sentiment back in favour of the bulls.

Conversely, failure to break this resistance could lead to renewed downside pressure, potentially extending the bearish bias through the rest of the month. The fact that both the daily and four-hour RSI readings have shifted into bearish territory reinforces the view that sellers currently hold the momentum on both short-term and long-term timeframes.

Moodeng slips 1% after another failed attempt at the $0.19 ceiling, but derivatives positioning stays bullish. Funding rate at 0.0224 and a long/short ratio of 1.539 keep the bias tilted bullish.

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