$MOVE /USDT Technical Analysis โ€“ Momentum on the Rise! ๐Ÿš€

๐Ÿ’ก Current Price: $1.0238 (+19.42%)

MOVE is capturing attention as a Layer 1 gainer, with strong price action and significant volume. Letโ€™s analyze the market setup:

๐Ÿ“‰ Support Levels:

$0.9800 โ€“ Initial support level for pullbacks.

$0.8700 โ€“ Strong demand zone aligning with previous lows.

๐Ÿ“ˆ Resistance Levels (Targets):

๐ŸŽฏ Target 1: $1.1500 โ€“ Immediate resistance and a key breakout zone.

๐ŸŽฏ Target 2: $1.3000 โ€“ Mid-term level with historical significance.

๐ŸŽฏ Target 3: $1.4500 โ€“ Major bullish target, indicating a sustained uptrend.

โšก Indicators to Note:

RSI is trending at 70+, signaling bullish momentum but nearing overbought territory.

EMA (20) is acting as dynamic support, maintaining the upward trajectory.

๐Ÿ“Š Volume Update:

24H MOVE Volume: 166.15M

24H USDT Volume: $158.61M

๐Ÿ”” Trading Strategy:

Above $1.1500: Likely to target $1.3000 as bullish momentum builds.

Below $0.9800: Watch for consolidation or a retest of $0.8700.

๐Ÿ’ฌ Community Pulse: MOVE is gaining traction in the Layer 1 space. Keep an eye on its ecosystem updates, as they could drive further price action!

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