KEY TAKEAWAYS

• Mog Coin (MOG) fell over 90% after its all-time high.

• The price reversed its trend in March, rallying by 250%.

• Is the MOG correction over, and if so, what’s next?

Mog Coin (MOG) was one of the best-performing memecoins in 2024, rallying over 4,000% until reaching an all-time high in December.

2025 has been the opposite, leading to a 90% price decline. However, optimism is back after a 250% rally since April, which has taken MOG to the precipice of a bullish trend reversal.

Let’s look at the charts and see what’s next.

Mog Coin Recovers

The Mog Coin price fell by 92% after its all-time high, barely retracing during its sharp decline.

Interestingly, MOG failed to even bounce at the $0.00000092 horizontal area, the most often touched level in its price history.

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However, Mog Coin reversed its trend after falling to a low of $0.00000027 and has increased 250% since.

Today, the MOG price trades inside the $0.00000092 resistance area and attempts to break out.

A successful breakout would be a strong sign that the correction is over, since the area will likely provide support moving forward.

Technical indicators are at critical levels. The Relative Strength Index (RSI) is increasing and is nearly at 50.

The Moving Average Convergence/Divergence (MACD) is also rallying and is close to a bullish cross (black circle).

So, whether MOG breaks out above $0.00000092 will impact whether the technical indicators turn bullish.

Local Top Soon?

The wave count gives a bearish short-term Mog Coin prediction but suggests the price will eventually break out above $0.00000092.

This is because MOG completed a five-wave downward movement (red) and has started an A-B-C correction (green).

Wave C will likely cause a breakout above the current resistance, taking the price to $0.00000172.

However, the sub-wave count (black) shows wave A nearing its end, suggesting a correction could begin before the eventual breakout.

If one occurs, the Mog Coin price could find support close to $0.00000045.

Correction Before Rally

Mog Coin has shown immense strength by rallying 250% since its April lows.

The price has now reached a key resistance area that can determine the future trend.

The wave count suggests MOG will eventually break out from this area, but an initial decline is likely beforehand.