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Is Mog Coin (MOG) Poised For a Upside Move? This Key Emerging Fractal Pattern Saying Yes!

Is Mog Coin (MOG) Poised For a Upside Move? This Key Emerging Fractal Pattern Saying Yes!

2025/07/01 04:00
By:

Date: Sun, June 29, 2025 | 03:50 AM GMT

The cryptocurrency market is witnessing a steady recovery as geopolitical tensions between Israel and Iran begin to ease. Ethereum (ETH) has led the rebound, rising sharply from its recent low of $2,113 to hover near $2,425. Riding this renewed momentum, memecoins are catching fire again—among them, Mog Coin (MOG) is gaining attention.

MOG is currently up by an impressive 23%, but more notably, a newly emerging fractal pattern suggests this might just be the beginning of a bigger move.

Is Mog Coin (MOG) Poised For a Upside Move? This Key Emerging Fractal Pattern Saying Yes! image 0 Source: Coinmarketcap

MOG Mirrors PENGU’s Breakout Setup

A side-by-side comparison on the 4-hour chart reveals a striking similarity between PENGU’s recent breakout rally and MOG’s current setup.

PENGU recently broke out from its descending wedge pattern, reclaiming both the 100-day and 200-day moving averages. That breakout triggered a sharp 48% rally in just a short span.

PENGU and MOG Fractal Chart/Coinsprobe (Source: Tradingview)

MOG now appears to be mirroring this exact sequence. The coin is currently testing the resistance of its falling wedge while hovering just under the 100-day moving average—precisely the stage PENGU was in before its breakout. This resemblance hints at a classic fractal formation, suggesting that MOG may be next in line for a significant upside move.

What’s Next for MOG?

If MOG breaks above the wedge resistance and the 100-day MA, it could quickly aim for the 200-day MA as the next key level. A confirmed move above that could pave the way toward the $0.0000012 mark—MOG’s next major resistance level—translating to a potential 37% upside from current levels.

However, if MOG fails to hold the critical support at $0.00000086, the bullish fractal could break down, opening the door to further downside or a longer consolidation phase before any breakout attempt resumes.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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