$MOVE
/USDT:Bull Run Outlook Confirm 🔥 💯 🎯
Technical Snapshot:
Current Price: 1.0137 (up 3.53% in 24h, minor increase of +0.19% in the 30-minute chart)
24h High: 1.0391
24h Low: 0.9435
Volume: 64.27M MOVE, 63.39M USDT
Trend: Bullish, testing resistance near the 24h high.
Support & Resistance:
Support: 0.9900 (psychological support), 0.9435 (24h low)
Resistance: 1.0391 (24h high), 1.0500 (immediate resistance), 1.1000 (key resistance level)
Trade Strategy:
1. Bullish Entry:
Trigger: If the price breaks above 1.0391
Targets: 🎯1.0500 | 🎯1.0700 | 🎯1.1000
Stop Loss: 0.9900 (below immediate support)
2. Bearish Entry:
Trigger: If the price falls below 0.9900
Targets: 🎯0.9700 | 🎯0.9500 | 🎯0.9200
Stop Loss: 1.0400 (above resistance)
Indicators to Watch:
RSI: Check for overbought conditions as the price approaches 1.0400 to avoid entering at the top.
MACD: A bullish crossover above 1.0000 will confirm upward momentum.
Volume: Increased volume at breakouts will indicate stronger momentum in the direction of the trend.
Conclusion:
Bullish Outlook: A sustained break above 1.0400 could target 1.0500 and higher.
Bearish Outlook: A decline below 0.9900 could signal further downside toward lower support levels.
Watch the price action closely around key levels for confirmation!
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