List of Flash News about crypto market resistance
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2025-05-12 01:39 |
Whale Places $MOODENG Limit Sell Orders: 2M at $0.565 and 1.1M at $1.11 – Trading Impact and Execution Analysis
According to Lookonchain, a whale has placed significant limit sell orders for $MOODENG, with 2 million tokens listed at $0.565 (valued at $543,000) and 1.1 million tokens at $1.11 (valued at $298,000) as the price surged (source: Lookonchain, May 12, 2025). Traders should closely monitor the current $MOODENG order book and liquidity, as large sell walls at these levels could cap further price appreciation and trigger short-term volatility. Whether these orders are executed depends on continued buying momentum and demand at these price points, as evidenced by recent trading activity on Solscan. The presence of these large limit orders may also influence short-term sentiment, with potential for resistance at the $0.565 and $1.11 levels. This development is crucial for crypto traders seeking to capitalize on $MOODENG's price action and manage risk effectively. |