MOODENGUSDT – Descending Channel Breakout or Major Breakdown?Moo Deng/USDTOKX:MOODENGUSDTCryptoNuclearOn the 2D timeframe, MOODENG/USDT has been moving within a controlled downtrend structure since August 2025. Price continues to form consistent lower highs and lower lows, indicating mid-term seller dominance. Currently, price is trading inside a descending channel and approaching the upper trendline resistance (red line). On the lower side, there is a strong support block at 0.0265 – 0.0220, acting as the main demand zone. The structure is now at a decision point. --- Pattern Structure – Descending Channel Technically, the chart forms a large Descending Channel: Upper red line: dynamic descending resistance Lower yellow line: dynamic descending support Price movement is structured, bouncing from top to bottom within the channel Trend remains bearish as long as price stays inside the channel Characteristics of a descending channel: Typically reflects a controlled downtrend A breakout above can signal the beginning of a trend reversal A breakdown below accelerates bearish continuation A valid breakout requires a strong candle close above the red trendline, ideally supported by increasing volume. --- Key Levels Resistance levels: 0.0675 0.0915 0.1025 0.1265 (major breakout confirmation) Support levels: 0.0375 0.0325 Strong support block: 0.0265 – 0.0220 The 0.0265 – 0.0220 zone is a major demand area that previously triggered a strong impulsive move. --- Bullish Scenario Requirements: Strong break and close above the red trendline Volume expansion Reclaim of 0.0675 Targets: 1. 0.0915 2. 0.1025 3. 0.1265 (structure shift confirmation) 4. If momentum accelerates, potential expansion up to +127% from the current area If 0.1265 is broken and held as support, the structure shifts into a bullish market structure change. --- Bearish Scenario Requirements: Strong rejection at the red trendline Breakdown below 0.0375 Price exits the channel to the downside Downside targets: 1. 0.0325 2. Support block 0.0265 – 0.0220 If the support block fails, there is potential for approximately -55% decline toward previous lows. A breakdown below 0.0220 would confirm continuation of the macro downtrend. --- Conclusion MOODENG is trading inside a large descending channel and is currently at a critical zone. As long as price remains inside the channel, the trend remains bearish. A breakout to the upside could trigger a 100%+ rally. However, losing the 0.0265 – 0.0220 support block would extend the bearish structure significantly. This is a high risk – high reward area. Trade confirmation, not prediction. #MOODENG #MOODENGUSDT #CryptoAnalysis #AltcoinSetup #TechnicalAnalysis #DescendingChannel #SupportResistance #BullishScenario #BearishScenario