Based on the provided chart for $MOVE /USDT (1-hour timeframe):

1. The price is in a clear uptrend, having risen by 15.47% in the last 24 hours. Current price: $1.1415, with a 24-hour high of $1.1555 and low of $0.9705.

2. Bullish momentum is evident with higher highs and higher lows. This suggests that long positions are more favorable at the moment.

3. For a long entry, wait for a retracement near the $1.1200 support zone (previous resistance turned support). Set the stop loss at $1.1000 to manage risk. Target levels could be $1.1600 (short-term) and $1.2000 (medium-term).

4. For a short entry, look for rejection near the $1.1555 resistance zone if the price shows signs of reversal. Set the stop loss at $1.1650 and aim for $1.1000 as a target.

5. Monitor volume and candlestick patterns closely. Strong bullish candles with high volume indicate continuation, while bearish patterns signal potential reversal.

Always use proper risk management, as crypto markets are highly volatile. Avoid chasing the price, and wait for optimal entry points.

#Move #BitcoinHashRateSurge #CryptoReboundStrategy #USStateBuysBTC