🚨 $MOVE /USDT ALERT: Testing Key Support – Critical Move Ahead! 🚨

Current Price: $0.6060 (-10.20%)

24H High: $0.6949 | 24H Low: $0.6044

The $MOVE /USDT pair is experiencing sustained downward pressure, currently testing critical support levels. The bearish momentum suggests further downside risk unless buyers step in to defend key zones. Here’s the detailed analysis:

Key Levels to Watch:

1️⃣ Resistance 1: $0.6300 – A recovery above this level could signal a short-term bullish reversal.

2️⃣ Resistance 2: $0.6500 – Breaking this resistance would indicate strong buying pressure, opening doors for higher targets.

3️⃣ Support: $0.6000 – This psychological support is crucial. A breakdown below this could trigger a deeper sell-off.

💡 Trade Setup:

Long Entry: If the price holds above $0.6000 and reclaims $0.6300, targets could be $0.6500 and $0.6700, with a stop-loss at $0.5900.

Short Entry: A breakdown below $0.6000 could push the price toward $0.5800 and $0.5500, with a stop-loss above $0.6200.

⚠️ Note: Volatility remains high. Monitor these levels closely and use tight risk management. This setup is ideal for both scalpers and swing traders looking to capitalize on the next move.

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