Image of MGO
MGOMango Network
$0.006318
-0.83%
1D

Mango Network Analysis

Investment Score
A quick view into Mango Network's investment prospects.
4.1

The setup lacks strong confirmation and carries enough risk to justify caution at current levels.

What is helping
  • MACD is confirming the current directional bias.
  • Value Area Re-test: Price is trading below the lower Bollinger Band, historically a mean-reversion opportunity when broader trend support holds.
Main risks
  • The higher-timeframe trend is still working against fresh longs.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bear Quiet
Confidence: 94%
Why this state?
  • MGO is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.

Trend
Bearish
MGO is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Oversold
RSI is 12.87, which points to stretched downside momentum.
Volatility
Quiet
MGO ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.006760 - $0.006971
Support zone
$0.006192 - $0.006358
Chart Patterns
SMA50
SMA100
SMA200
RSI
Oversold
MACD
Bullish
ATR%
Quiet
Volume
Average
Support & Resistance

Mango Network support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.006192 - $0.006358
Resistance zone
$0.006760 - $0.006971
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.006192 - $0.006358
Resistance 1$0.006760 - $0.006971
Resistance 2$0.009538 - $0.009666
Resistance 3$0.009705 - $0.009833
Resistance 4$0.009959 - $0.01009
Scenario Analysis
Bullish scenario

MGO clears the resistance zone at $0.006760 - $0.006971 and holds above it. That would strengthen the breakout case and shift attention to $0.009538 - $0.009666.

Bearish scenario

MGO loses the support zone at $0.006192 - $0.006358. That would weaken the setup and open the way toward $0.006192 - $0.006358.

Neutral scenario

MGO continues trading between $0.006358 and $0.006760. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.008209
Bearish
MGO is trading below the 50-day average.
SMA200
$0.01389
Bearish
MGO remains below the long-term trend line.
EMA50
$0.008033
Bearish
MGO is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.01290
Bearish
MGO is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
12.87
Oversold
RSI (14) is depressed at 12.87, which suggests downside momentum may be getting exhausted.
Stoch RSI (14)
34.28
Neutral
Stoch RSI (14) is at 34.28, which suggests momentum is active but not yet extreme.
MACD
-0.0004490
Bullish
MACD is above its signal line.
ATR
2.01%
Quiet
Volatility is below its 180-day median.
VWMA
$0.006895
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-224.55
Bearish
CCI (20) is weak at -224.55, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-0.0009014
Bearish
Awesome Oscillator is below zero at $-0.0009014, which supports bearish momentum.
Williams Percent Range (14)
-98.69
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -98.69.
Bull Bear Power (13)
$-0.0003786
Bearish
Bull Bear Power (13) is negative at $-0.0003786, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
18.94
Oversold
Ultimate Oscillator is weak at 18.94, which suggests multi-timeframe downside momentum may be stretched.
Hull Moving Average (9)
$0.006305
Bullish
MGO is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.007302
Bearish
MGO is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Mango Network

Over the past 7 days, Mango Network price was most positively correlated with the price of Polygon Ecosystem Token (POL), Pudgy Penguins (PENGU), Bitcoin SV (BSV), Sun Token (SUN) and Floki Inu (FLOKI) and most negatively correlated with the price of Monero (XMR), Uniswap (UNI), Trust Wallet Token (TWT), Arbitrum (ARB) and Mantle (MNT).

Positively Correlated Currencies
NameCorrelation
Image of Polygon Ecosystem TokenPolygon Ecosystem Token0.958
Image of Pudgy PenguinsPudgy Penguins0.937
Image of Bitcoin SVBitcoin SV0.930
Image of Sun TokenSun Token0.921
Image of Floki InuFloki Inu0.915
Negatively Correlated Currencies
NameCorrelation
Image of MoneroMonero-0.885
Image of UniswapUniswap-0.881
Image of Trust Wallet TokenTrust Wallet Token-0.855
Image of ArbitrumArbitrum-0.774
Image of MantleMantle-0.771

Mango Network price is positively correlated with the top 10 coins by market cap with a price of 0.165, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.249. Currencies that are positively correlated with Mango Network indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Mango Network, a move in one direction for Mango Network would translate into a move in the opposite direction for the negatively correlated coin.

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