šØ $MOVE MAKES A STRONG UPTREND ā WATCH FOR A RETEST AND BREAKOUT! šØ
$MOVE is currently trading at $0.6708, showcasing a steady uptrend after rallying from its recent low of $0.6186. The price briefly touched a high of $0.6976 before experiencing a minor pullback, indicating strong resistance at this level. Despite the retracement, the bulls are holding ground above critical support around $0.6436, signaling the potential for a retest and a continuation toward higher levels.
With RSI hovering near 47, MOVE appears to have room for another upward push. If it manages to reclaim and break above the resistance of $0.6976, traders can anticipate further gains. However, failure to sustain above support may trigger a short-term dip, offering potential re-entry points.
Trade Setup:
Entry Price: $0.6700
Resistance: $0.6976
Support: $0.6436
šÆ Targets:
TP1: $0.6800
TP2: $0.6900
TP3: $0.6970
š» Stop Loss: $0.6400
The current structure suggests a bullish bias, but traders must stay cautious as volume begins to stabilize. Keep an eye on a breakout above resistance for a clear signal of further upward momentum.