🔥🔥🔥 technical analysis and trade signal for $MOVE /USDT with three target levels:🔥🔥🔥🔥
Current Price: $0.6555
24h High: $0.6976
24h Low: $0.6125
SAR (Stop and Reverse): $0.6744
Support Level: $0.6125
Resistance Level: $0.6976
Trade Signal:
Trade Type: Long Position (Bullish momentum)
Trade Entry: $0.6555
Momentum: Positive (5.34% increase in the last 24 hours)
Target Levels 🎯:
1. Target 1: $0.6744
This target is in line with the SAR value (Stop and Reverse), which indicates a potential area of reversal. A strong resistance could form around this level.
2. Target 2: $0.6850
A near-term resistance level just below the previous high of $0.6976. If momentum continues upward, expect this to be the next level of resistance.
3. Target 3: $0.6950
The 24h high is at $0.6976, so if the price continues to rise, it could break through and reach this level, potentially leading to further gains.
Trade Momentum:
Positive Momentum: The recent increase of 5.34% suggests that the price is experiencing upward momentum.
Volume Analysis: The 24h volume of 151.12M MOVE and 98.28M USDT supports the bullish trend, showing increased market activity.
Trade Plan:
Entry Point: $0.6555
Stop Loss: Below $0.6125 (the 24h low) to manage risk.
Take Profits:
1st Target: $0.6744
2nd Target: $0.6850
3rd Target: $0.6950