i think moveis going down today!

$MOVE Long Liquidation Alert: $12.958K at $0.65208

What Happened?
MOVE faced a long liquidation of $12.958K at $0.65208,

forcing bullish traders out of their positions and increasing selling pressure.

This highlights weakness at key support levels.

Key Insights:

1. Long Squeeze: Liquidations like this often lead to sharp price drops as leveraged positions unwind.

2. Bearish Momentum: This liquidation reflects short-term market weakness, with buyers losing control.

What’s Next for MOVE?

1. If Downward Momentum Continues:

Key support lies at $0.6200.

A break below $0.6200 could target $0.5800 or lower.

2. If MOVE Finds Support:

A rebound from $0.6500 could aim for $0.7000 resistance.

Watch for strong buying volume to confirm recovery.

Pro Tips:

Monitor Support Zones: Accumulate cautiously near strong support levels.

Use tight stop-loss orders to manage risk in this volatile environment.

Wait for trend confirmation before entering trades post-liquidation.

MOVE's long liquidation shows high volatility—trade carefully and focus on key levels!

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