<ul><li>Moo Deng memecoin has experienced an 11.9% price drop in the past week after a period of bullish momentum fueled by celebrity endorsements and listing on Korea’s Coinone exchange.</li><li>Despite the decline, analysts view the retracement as a healthy part of the uptrend rather than a trend reversal, with technical analysis indicating potential support levels including the 0.618 Fibonacci retracement level.</li><li>Vitalik Buterin's support and the KRW listing have boosted long-term sentiment for Moo Deng, with the potential for a higher low formation to reinforce the ongoing uptrend towards resistance levels near $0.31 and $0.35.</li><li>The memecoin's strong community engagement, viral momentum, and unique narrative surrounding real-world charity sponsorship provide it with resilience and potential for a rebound, making the current dip a strategic re-entry point for investors.</li></ul>

Analysts see bullish momentum for Moo Deng memecoin even after 11% drop

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