Analysis for $MOVE

- Ascending triangle (potential): An ascending support line (in blue) is observed connecting the rising lows, while the price finds resistance near the level of 1.0347. This pattern is usually a bullish continuation if the price breaks the upper resistance.

- Key resistances: 1.0347, 1.068, and 1.083. These are areas where the price could encounter obstacles if it continues to rise.

- Relevant supports: 0.9515 and 0.9656.

- The MACD shows a recent bullish crossover, indicating positive momentum in the short term. If the MACD remains above the signal line, it could support a bullish breakout.

Possible scenarios

- Bullish scenario (breakout of the triangle): If the price breaks above 1.0347 with volume, it could attempt to reach 1.068 and 1.083. A more extended move could take it to the level of 1.100 or even 1.115.

- Bearish scenario (failure of the ascending support): If the price loses the ascending support line and falls below 1.016, the next key support is 0.9656. A break of this level could take the price to 0.9515 or even to 0.9207.