๐ $MOVE /USDT Technical Analysis โ Targets and Insights ๐ฏ
๐ Current Price: $0.8061 (-17.62%)
MOVE/USDT is experiencing high volatility, presenting trading opportunities for keen observers. Here's a breakdown of the key levels to watch.
๐ Technical Overview:
Support Level: $0.8000 โ Close to the 24h low, acting as a crucial support zone.
Resistance Levels: $0.9100, $0.9500, $1.0000.
24h High: $0.9964
Volume Trends:
24h MOVE Volume: 131.96M
24h USDT Volume: $119.18M
๐ฏ Targets to Watch:
1๏ธโฃ Short-term Target: $0.9100 โ A key resistance level to test in the coming hours.
2๏ธโฃ Medium-term Target: $0.9500 โ A break above this level could indicate recovery momentum.
3๏ธโฃ Long-term Target: $1.0000 โ A psychological and technical barrier for bullish confirmation.
๐ก Strategy:
Consider buying near $0.8000 with a tight stop-loss below $0.7900.
Monitor RSI for potential oversold conditions signaling a rebound.
Watch volume increases to confirm bullish momentum.
#BTCNextMove #USJoblessClaimsFall #ElSalvadorBTCReserve #BinanceAlphaAlert