$MOVE Liquidation Alert: Bulls Take Control! 🔥
The
$MOVE market is heating up as $1,579.8 in shorts were liquidated at $0.84844. This liquidation signals a shift in momentum, with bulls stepping in to dominate the action.
Market Insights:
Short Squeeze: Bears are feeling the heat, and the liquidation is fueling buy-side pressure.
Resistance Ahead: $0.85 is the critical level to break—crossing it could ignite a surge toward $0.90.
Key Levels to Watch:
Upside Targets: If
$MOVE gains traction, $0.88 and $0.90 could be the next stops.
Support Zone: Look for strong buyer interest around $0.83 in case of a pullback.
What’s Driving the Action?
Bullish Momentum: The liquidation highlights an influx of buyers overpowering the bears.
Volume Spike: Increased activity could signal a potential breakout.
Trading Strategy:
For Bulls: Position near $0.85 for a breakout, with a stop-loss at $0.83.
For Bears: Avoid chasing shorts; wait for signs of resistance near $0.90.
move is building steam, and the bulls are calling the shots. Will you join the rally or watch from the sidelines?
#MOVER #CryptoETFNextWave #DollarRally110