$MOVE /USDT: Bearish Momentum Persists Below $1 🚨💯

The $MOVE /USDT pair is trading at $0.9039, reflecting an 11.95% decline in the past 24 hours. The price has ranged between a high of $1.0477 and a low of $0.9015, with a trading volume of 61.00M MOVE and $58.63M USDT.

📊 Key Technical Insights:

Support Levels: $0.90 (immediate) and $0.85 (critical).

Resistance Levels: $1.00 and $1.05.

Market Sentiment: Bearish, with continued downward pressure on the price.

⚡ Trade Setup Suggestion:

Entry Zone: $0.90–$0.91 (if $0.90 holds as support).

Take Profit (TP):

TP1: $1.00

TP2: $1.05

Stop Loss (SL): $0.87

Technical Overview:

The 4-hour chart indicates strong bearish momentum with prices trading below major moving averages. The $0.90 level is acting as a key support; a break below this could accelerate the decline toward $0.85. Bulls need to reclaim the $1.00 level to shift sentiment toward recovery.

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