Breaking News: Massive $MOVE

Short Liquidation!

A staggering $10,059 worth of short positions were liquidated at $1.08986, showing intense market action and volatility.

What Just Happened?

Short liquidation means traders betting on a price drop were forced to exit because the price went up.

This indicates bullish momentum, with buyers taking control of the market.

Key Support & Resistance Levels:

Support: $1.0500 (likely zone where buyers may step in if the price drops).

Resistance: $1.1200 (potential zone where sellers could push the price down).

What Should You Do?

1. If you already own MOVE:

Consider holding, as the price could rise further if it breaks above $1.1200.

2. If you’re planning to trade:

For buyers: Look for a clean breakout above $1.1200 for a possible upward move.

For sellers: If the price struggles to pass $1.1200, consider shorting with a tight stop-loss.

Suggested Move:

Watch for a breakout above $1.1200; it could spark further buying momentum.

Be cautious near $1.0500; if the price falls below, it might signal weakness.

#NonFarmPayrollsImpact #MicroStrategyAcquiresBTC #BullCyclePrediction #BinanceMegadropSolv #BTC100KTrumpEffect