Cryptocurrency Trading Strategy for MOVE/USDT (15-Minute Timeframe)
1. Trend Analysis:
Current Price: 1.1276, near 24h low (0.9705) 📉, with resistance at 1.1500 📈.
Volume: High liquidity (91.75M MOVE) 💧, showing strong market participation.
2. Key Levels:
Support: 0.9705 (24h low) ⬇️.
Resistance: 1.1500 (24h high) ⬆️, 1.13 (current bid/ask).
3. Short-Term Strategy:
Buy near 1.1270–1.13 (support zone) 💵.
Sell near 1.14–1.15 (target resistance) 💰.
Stop-Loss: Set just below 1.12–1.1150 🛑.
4. Risk Management:
Use a 1-2% risk per trade and aim for a 2:1 risk/reward ratio ⚖️.
Monitor volume and candlestick patterns 📊 for better entry/exit decisions. Always reassess and adjust your strategy as needed! 🔄