$MOVE /USDT Technical Analysis & Trade Signal๐๐๐
Current Price: $0.782
Trend Analysis:
Momentum: Bullish in the short term, recovering after touching a 24h low of $0.6774.
Support Levels:
Primary Support: $0.6774 (24h Low)
Secondary Support: $0.6200
Resistance Levels:
Primary Resistance: $0.8826 (24h High)
Secondary Resistance: $0.9500
Indicators Summary:
RSI (Relative Strength Index): Trending near 60, indicating upward momentum but not yet overbought.
MACD: Shows a bullish crossover on the 1-hour timeframe.
Volume: High trading volume, signaling strong interest from the community.
Trade Signal:
Entry Point: $0.780 - $0.785
Targets ๐ฏ:
1. Target 1: $0.850
2. Target 2: $0.900
3. Target 3: $0.950
Stop Loss: $0.740
Trade Momentum:
Short-Term: Bullish
Medium-Term: Consolidation possible near $0.900 resistance.
Risk-Reward Ratio: Favorable (R:R ~ 2:1)
