Robinhood Expands Offerings with Moo Deng and MEW Listing
Robinhood's New Listings: On May 22, 2025, Robinhood added two Solana-based meme coins, Moo Deng (MOODENG) and MEW, to its platform, resulting in significant price surges of 20% and over 17%, respectively, amid a bullish cryptocurrency market.
Market Trends and Community Response: The inclusion of these meme coins reflects growing retail investor interest and broader trends in the cryptocurrency sector, with Bitcoin recently surpassing $110,000, while also highlighting potential regulatory challenges for Robinhood's crypto offerings.
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Technical Analysis for MOODENG
Technical Sentiment Analysis for Moo Deng (moodengsol.com) (MOODENG) As of , Moo Deng (moodengsol.com) (MOODENG) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MOODENG stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MOODENG is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Moo Deng (moodengsol.com) (MOODENG) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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