šØ Trading Signal for $MOVE /USDT šØ
Current Price: $0.7158
$MOVE /USDT has experienced a notable downtrend, hitting a low of $0.6845 after reaching a 24-hour high of $0.8826. The current Relative Strength Index (RSI) indicates an oversold region (RSI: 31.74), suggesting a potential reversal or consolidation near current levels.
Trading Plan:
Entry Price: $0.7150-$0.7200
Resistance Levels:
1. $0.7472
2. $0.8199
3. $0.8826
Support Levels:
1. $0.6845
2. $0.6700
Take-Profit Targets:
1. $0.7470
2. $0.8000
3. $0.8500
Stop-Loss: $0.6750
Cautionary Note:
Wait for confirmation of trend reversal before entering trades. Monitor RSI and volume to confirm momentum. If price drops below $0.6845, further downside risk may be present.
#Binance #CryptoSignals #MOVEUSDT #Altcoins #BTCNextMove
