$MOVE Long Liquidation: $5.0955K at $1.1167
A significant liquidation event unfolded as $5.1K in long positions were wiped out at $1.1167, shaking confidence among bullish traders.
This drop has intensified market volatility.
Key Levels:
Support: $1.10 – A critical zone to watch for a potential bounce.
Resistance: $1.15 – Bulls need to reclaim this level for a recovery.
Next $MOVE Prediction:
A breakdown below $1.10 could open the door to deeper corrections, targeting $1.05.
Holding above $1.10 might attract dip-buyers, pushing $MOVE back toward $1.15 or higher.
Stay cautious in this volatile environment and watch the volume for clues!
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