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Moonpig Faces Critical Inflection Point After 33.91% Correction
Moonpig Faces Critical Inflection Point After 33.91% Correction
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Moonpig's price has plummeted 33.91%, testing a pivotal support level at the local range low. The asset's wide trading range—spanning over 166%—suggests heightened volatility ahead, with traders eyeing a potential swing failure pattern reversal.
Technical indicators point to a make-or-break moment. A clean sweep of liquidity below the range low could trigger a bullish reversal, while failure to hold this level may accelerate downside momentum. The Point of Control resistance and a 390% Fibonacci extension target loom as key milestones for any recovery.
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