Moo Deng Token Jumps 85% Following Binance Futures Listing

The Solana-based token inspired by the baby pygmy hippo, Moo Deng (MOODENG), made a big comeback Friday, spiking 85% after Binance Futures announced it would list the MOODENGUSDT Perpetual Contract. This listing offers traders leverage up to 75x, sparking fresh interest and optimism among investors.

Moo Deng Outperforms Dogecoin with Impressive Gains
Currently trading at $0.16, Moo Deng has outpaced popular meme coin Dogecoin, which has seen just a 0.17% increase in the past day. The hippo-inspired memecoin has also seen a substantial jump in trading volume. At the time of writing, trading volume has surged 181% over the past 24 hours, reaching $195 million.

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Trading Setup for $PEPE :
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🪓 Buy Price (BP): $0.009384 (current price)
🪓 Take Profit (TP): $0.012473
🪓 Stop Loss (SL): $0.008200

The outlook remains the same until a 5-wave move to the upside is confirmed. The wave count is unclear, with two possibilities: the White Wave count, where Wave 1 was the initial spike, followed by Wave 2 (correction), Wave 3 (surge), Wave 4 (pullback), and potentially Wave 5 (rally); or the initial rally as Wave 4, with Wave 5 in progress.

Key levels to watch are resistance at $0.010596 and $0.017241, with an ideal target of $0.012473. Micro support is at $0.008200, and major support is at $0.004707. The current price is $0.009384. We’re monitoring if the correction has completed and if the market follows the expected 5-wave move.

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