The #Moodeng memecoin has retraced to 0.16 as predicted. This was close to our 0.14-0.15 price target.

Because this is a solana coin, it is not surprising to see this type of volatility and rapid price change. I think these are the 3 possibilities in the coming days.

GREEN- Bullish count; The ABC correction for MOODENG is over and we begin our ramp to wave 3. and ATH.

RED-Bearish; The C leg of wave 2 is not over yet and will depress down a bit more towards 0.13-0.14. 

PINK-Ultra Bearish; What we see thus far is only sub-wave a of the ABC pattern for corrective wave 2. We still have to form a b wave and a long c wave. This count drags wave 2 a bit longer and is highly possible.

I think RED and PINK are higher possibilities than GREEN atm. NFA and Gamble responsibily.