A significant $MOVE long liquidation has just hit the market.
$9.8091K wiped out at the $1.00431 mark.
This sharp move leaves traders uneasy, wondering if $MOVE can regain momentum.
Is this a temporary setback, or does it signal more volatility for $MOVE
The market is on edge—stay alert.
Entry Point:
Look to enter near a key support level close to $1.00431 (e.g., $1.01 if the price shows signs of reversal).
Stop-Loss:
Place your stop-loss slightly below the recent low or support level to manage risk, e.g., $0.98.
Target:
Aim for a target based on a key resistance level or a risk-to-reward ratio of at least 1:2, e.g., $1.05 or $1.10.