This $MOVE /USDT 4H chart on Binance indicates a volatile price movement, with the price currently trading around 0.6391 after a sharp pump and subsequent retracement. The marked resistance zone lies between 0.90 to 1.00, highlighted by the purple box.

Long Entry:

Entry Point: Near 0.64 (current price) with a breakout confirmation above 0.70.

Stop Loss: Set at 0.59 to limit risk.

Target: First target at 0.80, second target at 0.95 if momentum sustains.

Short Entry:

Entry Point: If the price fails to break 0.70 and rejects resistance.

Stop Loss: Place at 0.72 to cover potential breakout risk.

Target: Short-term target at 0.60 with an extended target to 0.55.

Strategy:

Monitor price behavior around the resistance zone for a potential breakout or rejection.

Watch for volume confirmation: strong volume on the breakout favors long positions, while low volume near resistance suggests a short entry.

Manage risk with defined stop-losses and avoid overleveraging.

This plan provides a clear roadmap for both bullish and bearish setups. Trade cautiously and respect the technical levels.

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