Indicator Signals ‘Buy’ for Mog Coin (MOG) as Price Hits Key Support

Mog Coin price has been pulling back over the past week, but a well-known pattern just flashed something interesting. The TD Sequential indicator, which often signals when trends are about to reverse, has printed a buy setup on the MOG chart. This suggests that the recent downtrend could be losing steam.

Looking at the 6-hour MOG price chart, as posted by Ali, a crypto analyst on X, the indicator shows a completed “9” count at the bottom of the latest candle.

@ali_charts / X

In simple terms, this often marks exhaustion in a downtrend and hints at a possible bounce. The same signal appeared before during previous MOG rallies, and each time the coin saw a strong upward move afterward.

Why This Support Zone Matters for Mog Coin

The chart shows an even clearer picture. Since April, MOG has been respecting a rising trendline. Each time the price pulled back to touch this line, it found support and pushed higher.

Right now, MOG price is sitting almost exactly on that line again, trading around $0.00000105. The setup suggests that support is still intact and the coin could be ready for another rebound if buyers step in.

MOG Price Chart

Support levels are like a floor in trading. Every time MOG has touched this floor since April, buyers have come in to push the price back up. That repeated behavior builds confidence among traders that the same could happen again. If the support holds near $0.00000105, Mog Coin may use it as a springboard for its next move higher.

Despite recent selling pressure, the overall trend since April has remained upward. Higher lows and a steady climb along the trendline show that momentum has not completely broken down. The fact that the TD Sequential indicator has lined up with this support zone makes the signal stronger. It is like 2 puzzle pieces fitting together to tell the same story.

Read Also: Stellar (XLM) Price Prediction: AI Sees Massive Rally Coming in September

Mog Coin price is now at a crossroads. A bounce from this support could set the stage for another leg higher, while a break below $0.00000100 would change the picture. For now, the charts are hinting that history might repeat itself.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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