Major Action on $MOVE ! A long liquidation worth $5.2815K just hit at $1.05461!

Bulls lose ground as the price dips. Is this the start of a downward move, or will the bulls bounce back? Stay alert!"

Important Details:

1. Long Liquidation: Buyers betting on a price increase were forced out, showing bearish pressure.

2. Key Price Level: $1.05461 is the critical zone where the liquidation happened.

3. Market Sentiment: Bearish signs are emerging, but a rebound is still possible.

Next Move:

If Bearish (Price Falls Further): Consider selling if the price breaks below the support level.

If Bullish (Rebound Happens): Look for buying opportunities if the price moves back above resistance with momentum.

Support and Resistance Levels:

Support: $1.0400 (watch for a bounce here if the price dips).

Resistance: $1.0700 (price must break this level to regain bullish momentum).

Final Suggestion:

Sell if the price falls below $1.0400 with strong bearish momentum.

Buy if it recovers and holds above $1.0700 with high volume.

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