$MOVE
/USDT: Steady Gains with Potential for Breakout ๐๐๐ฏ
Current Price: 0.6483 USDT (+6.44% in 24h)
Momentum: Bullish
Trade Strategy
Bullish Setup:
Buy: Around 0.6480
Targets:
๐ฏ 0.6550 (Near-term resistance)
๐ฏ 0.6600 (Next resistance zone)
Stop-Loss: Below 0.6350
Bearish Setup:
Short: If price drops below 0.6350
Targets:
๐ฏ 0.6250
๐ฏ 0.6000
Stop-Loss: Above 0.6550
Watch Out:
RSI: Ensure the RSI doesnโt enter overbought (>70) territory before targeting higher resistance.
MACD: Look for confirmation of bullish momentum if it continues to cross upwards.
Possibility 1: Continued Uptrend
The price could continue climbing towards 0.6550 and potentially reach 0.6600 as the momentum remains strong.
Possibility 2: Pullback or Correction
Watch for signs of a pullback below 0.6350, which could lead to a test of 0.6250 or 0.6000.
Stay vigilant, monitor price action, and adjust your strategy accordingly!
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