🚀 $MOVE
/USDT Technical Analysis – Binance Update 🎯
Current Price: $1.0217 (+3.74%)
24h Range: $0.9556 - $1.0653
24h Volume: 56.88M MOVE / 57.29M USDT
Chart Overview:
MOVE/USDT is showing bullish momentum, with a breakout above key resistance levels in the short-term timeframe. Here's a breakdown of potential targets based on current price action and trading data:
🎯 Targets for MOVE/USDT:
1️⃣ Target 1: $1.0500
Resistance Zone: Close to recent 24h highs. If sustained buying pressure continues, we could see a push towards this level.
Signal: Ideal for intraday traders.
2️⃣ Target 2: $1.0800
Intermediate Target: This is the next resistance zone if $1.0500 breaks. Watch for volume confirmation before entering.
Signal: Mid-term traders could capitalize here.
3️⃣ Target 3: $1.1200
Major Resistance: A longer-term bullish target. Needs significant volume and market sentiment to sustain the move.
Signal: Strong accumulation above $1.0800 could trigger this level.
Key Levels to Watch:
Support: $0.9800
Resistance: $1.0650 (short-term), $1.1200 (major)
Indicators:
RSI indicates mild overbought conditions, suggesting some retracement possible.
Moving Averages are aligned for bullish crossover in 4H charts.
🚨 Cautionary Note:
Always monitor market conditions, as volatility can shift quickly. Consider proper risk management strategies.
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