$MOVE /USDT Technical Analysis & Targets
Current Price Action: $MOVE /USDT is trading at $0.9695, reflecting a significant 15.84% gain today. The recent price surge is supported by strong buying momentum, with the pair holding above key support levels.
Key Levels:
1. Target 1: $1.0500
The first resistance level lies at $1.0500, marking a critical short-term target for profit booking.
2. Target 2: $1.1500
If MOVE breaks $1.0500 with sustained volume, the next target to watch is $1.1500, a key resistance level based on historical price action.
3. Target 3: $1.2500
A breakout above $1.1500 could pave the way for an extended rally to $1.2500, the next significant psychological and technical level.
Trading Strategy:
Entry Zone: Look to enter between $0.9500–$0.9700 during pullbacks.
Take Profit Levels:
30% at $1.0500
50% at $1.1500
Final 20% at $1.2500
Stop-Loss: Set at $0.9000 to mitigate downside risks.
Outlook:
MOVE/USDT has shown a robust 58.80% increase over the last 7 days, signaling strong bullish sentiment. With today’s 14.54% surge, the pair remains poised for further upward movement, provided it sustains key support levels.