$MOVE
š Buy Zone:
Entry: Near $1.0200 (š Key support level with potential bounce)
šÆ Take Profit (TP):
TP1: $1.0400 (š Resistance level)TP2: $1.0500 (š Strong breakout level)
š Stop Loss (SL):
SL: $1.0150 (š» Below recent low to minimize risk)
š” Indicators to Watch
š RSI (Relative Strength Index):
A level below 40 would indicate oversold conditions and potential reversal.
š„ MACD (Moving Average Convergence Divergence):
A bullish crossover near $1.0260 could confirm upward momentum.
š Bollinger Bands:
Monitor for a breakout above the upper band near $1.0410 to confirm a bullish trend.
šØ Recommendations
š Buy on pullbacks to $1.0200 or lower.šÆ Take profit at $1.0400 and $1.0500.šØ Set a stop loss at $1.0150 to manage risk effectively.
š MOVE Sentiment
Short-term: Consolidating with mild bearishnessMid-term: Neutral near key levelsLong-term: Awaiting a breakout above $1.0410