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Can Mogcoin Price Hit $0.0000025 Soon?

cryptochamp 6 днів тому 0

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Mog Coin ($MOG) has recently faced a notable downturn, dropping over 8% in the past 24 hours to trade at $0.00000057. This decline has pushed the price below key moving averages, indicating increased bearish pressure. However, bulls are actively defending the immediate Fibonacci support, preventing further downside, at least for now. Given the current technical setup, the mogcoin price prediction remains uncertain, hinging on whether bulls can maintain support or if bears will seize control.

Technical analysis suggests that bears are aiming to drag the price toward the EMA200 trendline, which serves as a critical short-term support. A close below this level could lead to a retest of the $0.00000052 support zone. If this level breaks, $MOG may fall to as low as $0.00000039.

On the upside, a breakout above $0.00000064 could flip the script. This would signal a break from the current descending channel and potentially trigger a rally toward $0.00000084 and even the pattern target at $0.00000095. Notably, @proroketh on X pointed to a bullish flag structure, with $0.000001 as a key Fibonacci target if $MOG clears the February liquidation level.

Despite recent price weakness, sentiment around $MOG remains bullish. The token has a dedicated community of over 52,000 holders on Ethereum and has seen strong interest following its Coinbase spot listing. Additionally, its addition to Binance’s Alpha list has fueled speculation about a future Binance listing—an event that could spark a major price move.

Also Read: POPCAT Price Prediction 2025, 2026 – 2030

At its peak, $MOG boasted a market cap of $1.6B, but it now sits around $240M. While this reflects significant volatility, it also highlights room for potential upside, especially if community momentum and technical breakouts align.

In summary, Mog Coin sits at a critical juncture. Traders should watch for key breakout or breakdown levels, as the next move could set the tone for the coming weeks.