š $MOVE /USDT: Price Action Heating Up ā Key Targets Ahead šÆ
The $MOVE /USDT pair has shown strong momentum, recently touching the 0.6976 high before retracing. With current price action near 0.6587, both long and short trades can present strategic opportunities.
š Market Overview:
Current Price: $0.6579
24h High: $0.6976
24h Low: $0.6125
Support: $0.6000
šÆ Trade Strategy:
šµ Long Trade Setup:
Entry: Near $0.6587
Targets:
šÆ Target 1: $0.6667
šÆ Target 2: $0.6976
šÆ Target 3: $0.7025
Stop-Loss: Below $0.6309 to manage risk.
š“ Short Trade Setup:
Entry: If price fails to break $0.6667.
Targets:
šÆ Target 1: $0.6309
šÆ Target 2: $0.6125
šÆ Target 3: $0.6000
Stop-Loss: Above $0.6667.
š” Key Insights:
A breakout above $0.6976 could lead to further bullish momentum toward $0.7025.
Volume confirmation will be crucial for any significant move.
Short positions can capitalize on rejections from resistance zones.
Plan your trades wisely and ride the momentum! š
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