$MOVE Short Liquidation: $7.0471K at $0.87716
🚨 Market Insight:
Liquidation Type: Short
Liquidation Value: $7,047.10
Liquidation Price: $0.87716
💹 Market Overview:
MOVE has witnessed a sharp upward move, triggering a significant short liquidation. With bulls gaining momentum, this breakout could signal further upside potential.
🔥 Trading Strategy:
Entry Point: Look for a buy near $0.880 to align with the bullish trend.
Target 1: First resistance at $0.910, offering a 3.4% potential gain.
Target 2: If the rally continues, aim for $0.950, a strong resistance level.
Stop Loss: Place a stop at $0.850 to safeguard against downside risks.
💥 Key Market Levels:
Support Zone: $0.860 is the immediate support. If the price dips here and holds, it could present another buying opportunity.
Breakout Potential: A sustained move above $0.910 could push MOVE to test $1.000, a psychological barrier and key resistance.
🔔 Pro Tip:
Monitor volume activity. High buying volume confirms bullish momentum,
while declining volume near resistance may indicate a possible reversal. Adjust your targets accordingly.
