$MOVE /USDT Technical Analysis 🔥

The $MOVE /USDT pair has seen a strong upward movement, currently trading at $1.14, reflecting a +9.70% gain in the last 24 hours. Here's a closer look at the key technical levels and market action:

24h High: $1.2296

24h Low: $0.9930

24h Volume: 276M MOVE | 306M USDT

Current Support: $1.12

Resistance Level: $1.23

The price is showing solid momentum, with BUY pressure evident near the $1.14 level, but testing resistance around $1.23. A break above this resistance could lead to further upside towards $1.30. On the flip side, a retracement towards $1.12 or $1.06 could act as key support levels.

💡 Key Observations:

Strong uptrend observed in the last 24 hours.

Watch for price action around the $1.23 resistance level.

Momentum indicators suggest possible continuation if resistance is broken.

Trade Idea: Monitor for breakout confirmation above $1.23 for long entries, with potential upside to $1.30. Keep an eye on $1.12 for support if a retracement occurs.

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