๐Ÿ“Š $MOVE /USDT Technical Analysis โ€“ 4H Chart ๐Ÿ”

Current Price: $0.6165

24H High: $0.6384 | 24H Low: $0.5916

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๐ŸŸข Long Trade Setup

Entry Zone: $0.6200 โ€“ $0.6300

Target 1: $0.6800

Target 2: $0.7200

Stop Loss: $0.5900

Reasoning:

The price has stabilized after a significant drop, showing signs of consolidation. A breakout above $0.6300 with rising volume could trigger upward momentum toward $0.6800 and $0.7200.

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๐Ÿ”ด Short Trade Setup

Entry Zone: $0.6100 โ€“ $0.6000

Target 1: $0.5700

Target 2: $0.5400

Stop Loss: $0.6300

Reasoning:

If the price fails to hold above $0.6100, further bearish pressure could push MOVE toward lower support levels at $0.5700 and $0.5400.

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๐Ÿ“ˆ Key Levels to Watch

Resistance: $0.6300 | $0.6800

Support: $0.6000 | $0.5700

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๐Ÿ”ฎ Prediction

A bullish breakout above $0.6300 may signal recovery, targeting $0.6800 and $0.7200.

Conversely, failure to hold $0.6000 could lead to downside testing support near $0.5700.

โš ๏ธ Risk Management: Use stop-loss levels and adjust trade sizes based on your strategy. ๐Ÿš€

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