Moodeng price surged from $0.04 to $0.30 in just four days, experiencing a 600% increase.The price is currently hovering near a daily supply zone, indicating potential resistance levels.Two likely scenarios for Moodeng are a fakeout to the downside followed by a continuation, or a breakout trap that leads to a reversal.Investors are advised to trade with caution in the volatile memecoin market and to be prepared for unexpected price movements.