$MOVE /USDT Steady Dip Move Confirm ๐ฏ ๐ฅ
Market Insight:
has seen a significant 9.30% drop in the past 24 hours, with a high of 0.9700 and a low of 0.8479. Trading volume is high, with 56.93M MOVE and 52.44M USDT traded, indicating solid market interest. The price is near the lower range of the 24h movement, suggesting a possible rebound or further decline depending on market sentiment.
Entry Point:
๐น 0.8500 - 0.8600 USDT
Enter near the current price or wait for a small dip towards 0.8500 for a better entry.
Targets:
๐ฏ Target 1: 0.9000 - 0.9200 USDT
Look for a recovery towards the first resistance level.
๐ฏ Target 2: 0.9500 - 0.9700 USDT
If the market shows strong momentum, aim for a move towards the 24h high.
Exit Plan:
๐ช Exit 1: 0.9000 - 0.9200 USDT
Secure partial profits as the price tests the first resistance level.
๐ช Exit 2: 0.9500 - 0.9700 USDT
Trail your stop-loss and exit fully if the price moves toward the 24h high.
Stop-Loss:
โ ๏ธ 0.8400 - 0.8300 USDT
Set a stop below 0.8400 to protect against further downside risk.
๐ Risk/Reward:
Aim for a 2:1 ratio, ensuring that the potential reward justifies the risk.
Monitor market sentiment and volume closely to gauge if a recovery is in play! ๐๐ฐ
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