The memecoin market is buzzing once again as MOODENG, BUILDon, and MOG have all recorded double-digit gains over the past 24 hours. Despite some signs of short-term exhaustion, the rally reflects renewed interest in high-volatility assets as broader crypto sentiment remains bullish.
MOODENG Eyes Breakout as Bullish Pattern Emerges
Moo Deng (MOODENG) has surged 25% in the last 24 hours, trading at $0.30 with daily trading volume up over 130%. The price is testing resistance at $0.31, a level just shy of the $0.34 intraday high reached during its May 14 rally, which marked a 750% surge from the $0.03 price on May 8.
Since that explosive move, MOODENG corrected to $0.17, then rebounded to current levels, forming a potential bullish continuation pattern. Technically, indicators remain supportive: the MACD line is above the signal, and the histogram is still printing green. However, a downward-sloping RSI (now at 66) and shrinking MACD bars suggest momentum may be fading.
If bulls break past $0.34, next resistance targets lie at $0.40 and $0.50, levels last seen in December. Still, with recent volatility and fading momentum, a repeat of the earlier parabolic run appears less likely in the short term.
BUILDon Rallies 20% on Stablecoin Partnership News
BUILDon (B) posted a 20% gain, trading at $0.25. The memecoin exploded over 800% earlier this week, climbing from $0.03 to $0.34 after World Liberty Financial purchased 636,000 B tokens and announced a new partnership.
The BUILDon team confirmed that its platform will support USD1, a new stablecoin developed by World Liberty Financial, as a core trading pair. This announcement has shifted BUILDon’s perception from mere memecoin to infrastructure player within the emerging stablecoin ecosystem.
Momentum remains intact with RSI at 57 and a strong MACD trend on the 4-hour chart. While the rally has cooled and consolidation continues around the $0.20–$0.25 support range, the fundamental backing could offer longer-term upside potential.
MOG Climbs 10% as Market Cap Nears $60 Million
Mog Coin (MOG) is up 10%, currently trading at $0.0000036 with a market cap just under $60 million. The token recently rallied nearly 100% in five days, before pulling back to $0.00000095 and rebounding again past key resistance at $0.00000128.
While bullish sentiment continues, technical indicators suggest caution. The RSI sits at 72, indicating overbought conditions and potential for a near-term cooldown. Still, the coin’s ability to break above prior resistance levels signals sustained demand and interest.
Outlook: Will Momentum Hold?
Although short-term technicals indicate overbought signals, the broader memecoin sector remains vibrant, buoyed by rising volume, community hype, and platform integrations. MOODENG’s chart is showing breakout potential, BUILDon’s real-world tie-ins could offer utility beyond speculation, and MOG’s steady climb is drawing attention.
If market sentiment holds and Bitcoin continues its upward trajectory, these tokens may extend their rallies though investors should brace for volatility along the way.
