{"id":2047,"date":"2025-06-04T18:07:17","date_gmt":"2025-06-04T18:07:17","guid":{"rendered":"https:\/\/bitunikey.com\/news\/moonpig-price-down-33-91-is-the-bottom-finally-in\/"},"modified":"2025-06-04T18:07:17","modified_gmt":"2025-06-04T18:07:17","slug":"moonpig-price-down-33-91-is-the-bottom-finally-in","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/moonpig-price-down-33-91-is-the-bottom-finally-in\/","title":{"rendered":"Moonpig price down 33.91%: is the bottom finally in?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Moonpig has faced a steep 33.91% correction, pushing price action toward a critical inflection point at the local range low. With the current trading range spanning over 166%, volatility is expected to surge, making the next move a key signal for traders. <\/p>\n<p>After a sharp 33% pullback, Moonpig (Moonpig) is now trading at a crucial level near its local range low. This zone could act as a springboard for a potential liquidity grab and reversal setup, commonly referred to as a swing failure pattern. With a vast trading range and the current structure still ranging, traders are watching closely for signals of structural change.<\/p>\n<h3 class=\"wp-block-heading\">Key Technical Points<\/h3>\n<ul class=\"wp-block-list\">\n<li><strong>Range Low Liquidity Zone:<\/strong> Price is hovering above the local range low, where a sweep of liquidity could lead to a bullish SFP reversal back into the range.<\/li>\n<li><strong>Point of Control Resistance: <\/strong>The POC within the range has historically acted as resistance; breaking and holding above it could set up a grind toward the range high.<\/li>\n<li><strong>Fibonacci Extension Target: <\/strong>If the range high is breached with momentum, the next target lies 390% higher based on Fibonacci extension projections.<\/li>\n<\/ul>\n<figure class=\"wp-block-image size-full\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14385934\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">MoonPigUSDT (4H) Chart, Source: TradingView<\/figcaption><\/figure>\n<p>Moonpig\u2019s 33% decline has brought it close to the bottom of its well-defined trading range. If the current local low is breached, it may result in a classic swing failure pattern, where price momentarily dips below support to grab liquidity before snapping back inside the range. This pattern is often used by experienced traders as a high-probability long setup.<\/p>\n<p>At present, the market is not showing a bullish structure. Instead, price action remains rotational, trading within a 166% wide range. Until there\u2019s a structural shift, the base assumption is for continued range-bound behavior.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Within this range, the point of control sits below the range high and has been a strong reaction zone in the past. Price has repeatedly wicked into this area, only to rotate lower. If price action can reclaim and consolidate above the POC, the probability of a move toward the range high increases substantially.<\/p>\n<p>A breakout beyond the range high would open the door for a much larger move, targeting a Fibonacci extension level over 390% above current levels. However, until that occurs, volatility within the current range should be expected, with the bias favoring mean-reversion setups.<\/p>\n<h2 class=\"wp-block-heading\">What to expect in the coming price action<\/h2>\n<p>Moonpig remains in a large consolidation phase. If price sweeps the current range low and reclaims it, this could be the first signal of a structural shift and bullish reversal. <\/p>\n<p>Traders should watch for an SFP confirmation and a reclaim of the POC to validate upside potential. Until then, rotational price action within the range remains the most likely scenario.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Moonpig has faced a steep 33.91% correction, pushing price action toward a critical inflection point at the local range low. With the current trading range spanning over 166%, volatility is&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=2047"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2047\/revisions"}],"predecessor-version":[{"id":2049,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/2047\/revisions\/2049"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/2048"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=2047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=2047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=2047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}