Mog Coin ($MOG) is making waves once again after surging over 45% in the last 24 hours. As it touched its fresh ATH of around $0.0000026 at press time, it was firmly on the radar of meme coin enthusiasts and traders alike.

As the excitement around $MOG keeps rising, many investors are wondering whether now is the right time to buy or if they should wait for a pullback.

FOMO Snag MOG Now or Wait?

Following the announcement that Binance Futures would be listing the 1000000MOGUSDT perpetual contract with up to 75X leverage, Mog Coin experienced a sharp price surge.

Historical trends suggest that listings on exchanges like Binance often act as a catalyst for price hikes, albeit sometimes followed by a pullback as early investors take profits.

Consequently, this excitement fizzled out as it saw a downtrend over the next few days to retest the long-term support at $0.000001664.

However, the latest rebound from this support set the stage for the buyers to step in and provoke an over 45% rally from this support.

At the time of writing, $MOG was in a price discovery phase and traded near its ATH $0.0000026.

A popular crypto analyst on X (formerly Twitter) under the handle “Swan5on” believes $MOG has the potential to cross the $1 billion market cap.

If the positive sentiment around Binance’s listing continues, we could see $MOG attempt to find fresher highs of nearly $0.0000027.

However, Mog Coin’s Relative Strength Index (RSI) suggests the crypto is approaching overbought territory, hovering near the 70 mark.

This could imply a potential cooldown period ahead, similar to other meme coins like Popcat, which experienced a sharp correction after its initial listing spike.

In the short term, traders may consider waiting for the price to stabilize before entering, particularly if there’s a pullback to the $0.00000229 support zone.

This zone could provide a more favorable risk-reward ratio, partic