Analysis for $MOVE

- The price has broken a downward trend line marked by the blue lines, which may indicate a change in trend to bullish. This breakout is confirmed by the price moving above the 0.23 Fibonacci level (0.9517), which could act as support to continue upward.

- The level of 0.9517 (0.23) has already been surpassed, and the price now seems to be heading towards the next resistance level of 0.62 (1.1546). If it manages to exceed that level, the next target could be the level of 1.0 (1.3522), where there could be resistance. To the downside, the strongest support would be around 0.8321.

- The MACD has crossed upward, with the blue line above the signal line (orange), and the histogram is showing increasing green bars, indicating an increase in bullish momentum. This supports the idea that the upward movement may continue, as long as the momentum is maintained.

- The RSI is at 63.02, indicating that the price is entering a possible overbought zone, although it still has room to rise before reaching extreme levels.

Possible Scenarios:

- Bullish Scenario: If the price remains above 0.9517, it is likely to continue rising towards the level of 1.1546 (0.62 Fibonacci) as the first target. If it exceeds that level, the next target will be 1.3522 (1.0). Immediate support would be at the level of 0.9517, and the MACD momentum suggests that the bullish movement could continue.

- Bearish Scenario: If the price fails to stay above 0.9517 and a correction occurs, the key support would be 0.8321. A bearish crossover of the MACD or a drop in the RSI towards oversold levels could indicate a greater pullback.