#moodeng is at an interesting spot; on 1 hand you can probably say 'it's reached a lower high and that's it'. on the other, these smaller capped memes can move way harder/faster/further than we can estimate. I long suspected that these newer memes like chillguy/pnut/moodeng would just hit lower highs and then die but I'm willing to change my mind if it can break the recent high with strength. Either way, the low $0.30s should be a decent shorting area, at least for a scalp if anything.
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