$MOVE

/USDT Technical Analysis and Trade Strategy📈📊

Current Price: $0.6332

24h Change: +2.26%

24h High/Low: $0.6806 / $0.5973

Technical Indicators

1. Support Levels:

S1: $0.5973 (24h low)

S2: $0.6300 (near AVL)

2. Resistance Levels:

R1: $0.6580 (SAR resistance)

R2: $0.6806 (24h high)

R3: $0.7000 (psychological resistance)

3. Key Indicators:

SAR (Stop and Reverse): $0.6580 — suggests a resistance level, potential price pullback here.

AVL (Average Level): $0.6338 — near the current price, offering potential support.

Volume:

24h Vol (MOVE): 67.35M

24h Vol (USDT): 42.67M — moderate volume with potential for further price movement.

🎯 Trade Strategy

Trade Setup

Entry Zone: $0.6300–$0.6400 (buy near AVL or after price confirms support)

Stop Loss: $0.5970 (below 24h low)

Risk/Reward Ratio: 1:3

Target Keys 🎯

1. 🎯 Target 1: $0.6580 (SAR resistance)

2. 🎯 Target 2: $0.6806 (24h high)

3. 🎯 Target 3: $0.7000 (psychological resistance)

Trade Execution Plan

1. Buy Entry: Between $0.6300–$0.6400.

2. Take Profit:

30% at $0.6580

40% at $0.6806

30% at $0.7000

3. Stop Loss: Exit if the price drops below $0.5970.

Risk Management Tip

After reaching 🎯 Target 1, move stop loss to breakeven.

Keep an eye on price action around $0.6580 (SAR resistance) as a key pivot point for potential pullback or continuation.

Look for volume confirmation before entering positions, as lower volume could indicate weak momentum.

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