🔥 Short Liquidation Alert! 🔥
$MOVE just experienced a short liquidation of $10,018 at the critical level of $1.13086. This massive move could set the stage for high volatility. Are you ready to capitalize on the opportunity? Let’s analyze the next potential move!
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Key Levels to Watch
1️⃣ Buy Zone: $1.1000 - $1.1400
This range could act as a strong accumulation area for bulls. Watch for bullish signals like strong candles, higher lows, or rising volume in this zone.
2️⃣ Target 1: $1.1800
A rebound from the buy zone could push $MOVE to test this key resistance level. Consider taking partial profits here.
3️⃣ Target 2: $1.2500
If bullish momentum continues, $1.2500 could be the next key target for swing traders.
4️⃣ Stop Loss: $1.0800
To limit risk, consider placing a stop below this level. If $1.0800 breaks, it could signal a deeper correction.
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Market Outlook
🔹 Bullish Scenario:
The liquidation shakeout may have cleared weaker sellers, creating a strong foundation for a rebound. If MOVE holds above $1.1300 and breaks $1.1800, it could trigger a rally to $1.2500.
🔹 Bearish Scenario:
If MOVE fails to hold the buy zone and drops below $1.1000, it could signal a potential pullback to the $1.0500 support area. Stay cautious in case the sentiment turns bearish.
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Watch the volume closely—a spike in volume near the buy zone could confirm a bullish reversal. Stay patient and avoid chasing trades without clear confirmations.
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This is NOT financial advice. Always do your own research and trade based on your risk tolerance.
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What’s your game plan for $MOVE? Let’s ride the volatility and aim for the targets! 🚀
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