$Mog is still trading inside a weak short-term downtrend after failing to reclaim the EMA resistance cluster, and momentum currently favors sellers on the 15m chart 📉
Price is hovering near local support around 0.0000001380 after multiple rejection attempts near EMA(25). The declining EMA(99) also confirms that the broader short-term trend remains bearish unless bulls regain control above the key resistance zone 👀
Despite the weakness, the recent long lower wick near 0.0000001373 shows buyers are still defending dips aggressively, which could lead to a relief bounce if momentum improves.
Key levels:
Support: 0.0000001373 → 0.0000001360
Resistance: 0.0000001410 → 0.0000001431 → 0.0000001465
Current structure:
If MOG reclaims the EMA cluster and holds above 0.0000001410, a short squeeze toward higher resistance may develop. But continued weakness below the moving averages could keep price under bearish pressure in the short term.
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