$MOVE
/USDT Technical Analysis & Trade Signals
Current Price: $0.7035 (+5.00%)
Momentum: Bullish
Trade Signals
1. Trend: The price has broken above key resistance at $0.6587, showing strong upward momentum.
2. Moving Averages:
Price is above both MA(5) and MA(10), confirming a short-term bullish trend.
3. Volume: Significant 24h volume indicates strong market interest and potential continuation.
Trade Momentum:
Short-Term Bullish: Consider long trades while price holds above $0.6900.
Targets 🎯:
Target 1: $0.7400 (Near 24h High)
Target 2: $0.7700 (Next resistance zone)
Target 3: $0.8000 (Psychological level and major resistance)
Stop-Loss:
Place stop-loss below $0.6580 to protect against downside risks.
Monitor for changes in volume and price action to confirm trade momentum. Adjust targets and stop-loss based on market conditions.
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