Moodeng price extends 10% on three-day rally above consolidation

Moodeng price extends 10% on three-day rally above consolidation
Moodeng confirms bullish breakout

​Moodeng cryptocurrency has entered the second week of September on a strong bullish note, extending a breakout that developed from last week’s consolidation phase. During the first week of the month, the price traded between $0.135 and $0.1216, forming a base at the lower end of the broader downtrend that has been in place since July. On-chain data during that period signalled important accumulation, as both the long-to-short ratio and open interest rose steadily. This pointed to investors building long positions in anticipation of a bullish expansion.

• Moodeng breaks above consolidation range, rising 10% on strong investor positioning.

• RSI climbs above 50 as Moodeng confirms bullish momentum for September rally.

• Moodeng tests 0.154 resistance after EMA crossover strengthens technical recovery outlook.

That expectation materialized this week. On Monday, Moodeng broke out above the consolidation range and rallied to a 14-day high at $0.1457. The momentum carried into Tuesday’s session, where price extended to an intraday high of $0.1488. This move effectively rebalanced the sell-side inefficiency left from August’s decline, where prior sell pressure had created a void in the order book. As of the European session on Tuesday, Moodeng was up 3.6% on the day and 10% for the week, marking its third consecutive day of gains.

Moodeng price dynamics (June - Sept 2025). Source: Tradingview

Technically, the breakout has altered the short-term structure. Moodeng has climbed above the 20-day EMA for the first time since early August, an encouraging sign that near-term trend bias is shifting. On the four-hour chart, the 20-EMA has also crossed above the 50-EMA, signalling that short-term momentum is gaining strength. These developments point to a potential continuation of the upside, particularly as sentiment follows the change in market structure.

Moodeng RSI above 50 highlights renewed buying strength

Momentum indicators confirm this shift. The daily Relative Strength Index, which had been locked in bearish territory for weeks, has now expanded above the 50 neutral level, reflecting an improvement in buying strength. Importantly, the breakout has also been supported by rising volume, which is now nearing its highest level since late August. This indicates that the rally is not only price driven but also backed by stronger participation, a factor that often reinforces sustainability of a trend.

Looking ahead, the next test lies at the 50-day EMA near $0.154, which stands as immediate resistance. Clearing this level would further confirm the reversal narrative, opening the door for additional gains in September. For now, Moodeng’s breakout is building a case for a sustained bullish phase, supported by both technical signals and on-chain accumulation trends. The challenge will be whether the rally can maintain momentum as it approaches key resistance levels.

Moodeng RSI signalled room for further losses as bearish momentum persists. Its rising volume and falling open interest have confirmed long liquidation behind the decline.

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