$MOVE /USDT: Momentum Surge Analysis and Strategic Trade Setup🔥💯

The MOVE/USDT pair has experienced a robust 10.20% rally in the past 24 hours, currently trading at $0.9882. This breakout momentum, as seen on the 1-hour chart, signals heightened buyer interest. The price touched a 24-hour high of $1.0391, with a significant volume of 67.12M MOVE. However, the rejection from the $1.03 resistance suggests the market is reassessing its next move.

For short-term long entries, look for a breakout above $1.03 with confirmation, targeting $1.08 and $1.10 levels. Maintain a stop-loss near $0.98 to minimize downside risks.

For short positions, a breakdown below $0.95 may open doors to test the $0.90 support level, with a stop-loss placed at $0.99 to avoid getting caught in a bullish recovery.

The market is showing signs of consolidation, and a decisive move is likely as volume builds. Monitor price action closely for a potential retest of the psychological $1 mark. Adapt your strategy dynamically to capitalize on this exciting trading opportunity!

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