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Hello everyone,
Let's analyse MOG COIN both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
MOG Coin has emerged as a popular digital currency, particularly among younger demographics. It's often referred to as the "internet's first culture coin" due to its strong ties to internet memes and trends. The term "mog," associated with outshining others, aligns with the coin's competitive and social media-driven appeal.
With a market capitalisation of approximately $365 million, MOG Coin has gained significant traction. It has a circulating supply of 360.45 trillion MOG tokens and a maximum supply of 420.69 trillion MOG tokens. However, it's crucial to remember that MOG Coin's value is primarily influenced by market sentiment and trends rather than underlying technological advancements.
TECHNICAL ANALYSIS:
Currently, MOG/USDT is trading within an uptrend channel. Recently, it broke down from the trend support level, which has led to a downward movement and a breakdown below the support price of $0.0000012252.
Support Levels:
Support 1: $0.0000007094 - $0.0000007919
Main Support (Golden Pocket): $0.0000004214 - $0.0000005175
Target Levels:
Target 1: $0.0000030727
Target 2: $0.0000038171
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