The MOG Coin is experiencing a recovery and potentially entering a bullish rally. The meme coin has shown a cup-and-handle pattern on the daily chart, with a neckline at $0.000002355. In the last 7 days, the coin has increased by nearly 32% from its low point. Currently trading at $0.00000210459, with a 4.39% intraday gain, the coin is teasing a completion of the cup-and-handle pattern. The MACD and Signal lines are preparing for a bullish crossover, and the EMA indicators maintain a bullish alignment. Based on Fibonacci levels, there is potential for a 126% rise, reaching the $0.0000050 mark. However, the downside risk remains at the $0.000001845 level.
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