🚨 $MOVE Short Liquidation Alert! 🚨
A $8.66K short liquidation just occurred at $0.67718! This could signal that the bears are losing control and the bulls might be gearing up for a breakout. Get ready for the next potential move in $MOVE!
What’s Next for $MOVE?
Short liquidations often trigger upward momentum, as liquidated positions fuel buying pressure. Here’s a plan to trade this move:
📉 Buy Zone
Look to enter between $0.670 - $0.680.
This area could act as strong support if the bulls step in.
🎯 Target Levels
First Target (T1): $0.710
Second Target (T2): $0.740
Final Target (T3): $0.780
If bullish momentum accelerates, these levels might be reached quickly.
🛡️ Stop Loss
Place a stop loss at $0.650.
This will protect your position in case of unexpected downside.
🔍 What This Means
1. Bullish Signal: A short liquidation can mean sellers are squeezed, opening the door for price recovery.
2. Momentum Watch: If volume increases, $MOVE could see a sharp upward push.
⚡ Trading Tips
1. Volume Confirmation: Look for a spike in volume to confirm the reversal.
2. Manage Risk: Only risk 1-2% of your capital per trade.
3. Patience Is Key: Wait for price to stabilize in the buy zone before entering.
💡 Final Take: This short liquidation could be a turning point for $MOVE . Will it rally from here, or will the market stay unpredictable? Watch closely and trade smart!
What’s your play for $MOVE? Long, or are you staying on the sidelines?
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