🔥 New Signal (Futures) – Updated with Rationale
✅ Long Position
Pair:
$MOVE /USDT
Leverage: 5x–10x (Use 5x for safer margin; 10x for higher risk-reward)
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Entry Zone:
0.202566 – 0.206700
Reason: This range aligns with recent consolidation near a local support zone. Entering here offers a good risk-reward balance while confirming upward momentum.
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Targets (Scaling Out Strategy):
1. 0.2081406 – First resistance from previous local high.
2. 0.2122622 – Minor resistance near recent price rejection.
3. 0.2163838 – Psychological level + potential breakout level.
4. 0.2205054 – Previous daily high.
5. 0.2246270 – Fibonacci extension target.
6. 0.2287486 – Mid-term resistance zone.
7. 0.2328702 – Overhead resistance from past breakdown.
8. 0.2369918 – Long-term resistance zone; consider full/major profit booking here.
Reason: Gradually scaling out helps lock profits while riding a potential breakout move. Each target is based on technical levels (resistance zones, fib extensions, price reactions).
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Stop Loss:
0.192231
Reason: Below strong structural support. Protects from major downside while allowing room for volatility. Ideal for both 5x and 10x leverage risk management.
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Risk Note:
This setup assumes favorable market sentiment and volume. If BTC or major alts show sharp correction, be ready to exit early or reduce exposure.
#move #FutureTarding