$BNB #BIOOpenonBinance #BitcoinTurns16 #CryptoReboundStrategy MOVE/USDT chart:
---
📊 MOVE/USDT Analysis Report
Exchange: Binance
Chart Timeframe: 1-Hour
---
1️⃣ Long Trade Setup
Entry Level:
Enter around $1.0480 - $1.0520 (wait for a slight pullback).
Target Levels:
🎯 Target 1: $1.0600
🎯 Target 2: $1.0720
🎯 Target 3: $1.0850
Stop Loss:
Set at $1.0350 (below key support level).
---
2️⃣ Short Trade Setup
Entry Level:
Enter near $1.0620 - $1.0650 (if it rejects resistance).
Target Levels:
🎯 Target 1: $1.0500
🎯 Target 2: $1.0380
🎯 Target 3: $1.0200
Stop Loss:
Set at $1.0680 (above recent high).
---
Market Observations
📈 Trend: The asset is showing bullish momentum, with a breakout above $1.0200. Buyers dominate at present, but volume should be monitored for sustainability.
📉 Resistance Zones:
$1.0600 - $1.0650: Immediate resistance; if broken, the bullish rally could continue.
📉 Support Zones:
$1.0400 - $1.0450: Strong support from recent consolidation.
---
💡 Pro Tip
Watch for a volume spike to confirm breakout or reversal.
Use trailing stops to lock in profits.
---
Let me know if you'd like a visual version of this analysis!