$MOVE /USDT Breakout Alert: Profitable Opportunities for Long & Short Trades

Current Price: $1.1919 (+21.07%)

Targets for Long Trades:

Target 1: $1.23 (Immediate resistance)

Target 2: $1.28 (Trend continuation zone)

Target 3: $1.35 (Strong bullish extension)

Long Trade Signal:

Entry point above $1.20 after confirmation of volume breakout.

Stop-loss at $1.15 to manage downside risk.

Monitor for a higher high structure and sustained buying pressure.

Targets for Short Trades:

Target 1: $1.15 (Support retest)

Target 2: $1.10 (Deeper correction)

Target 3: $1.05 (Bearish extension)

Short Trade Signal:

Enter below $1.18 after confirmation of bearish rejection at resistance.

Stop-loss at $1.22 to minimize loss potential.

Observe for declining volume and lower high patterns.

Market Insight: $MOVE /USDT surged from $1.0661 to a high of $1.2296, showcasing strong buying momentum. However, the price is consolidating near $1.20, presenting opportunities for both breakout and retracement trades depending on direction confirmation.

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