$MOVE

Looking at the MOVEUSDT chart:

Observations:

1. Current Price: $0.8329 (+38.01%)

• The price is just below the 24-hour high of $0.8547, which acts as resistance.

2. Trend:

• The price has been in a strong upward trend, recovering from a low of $0.6035.

• Consecutive bullish candles suggest buying momentum remains intact.

3. Volume:

• There’s a significant spike in trading volume, a bullish sign if sustained.

4. MACD:

• Although the MACD indicator is not visible in detail, the continuation of the uptrend may suggest bullish divergence.

Likely Scenarios:

Bullish Continuation:

• If the price breaks above $0.8547 with strong volume, it may target $0.90 or higher in the short term.

• This would confirm continued buying pressure.

Pullback/Retracement:

• If the price fails to break $0.8547, it could retrace to $0.81 or even $0.78.

• Overbought conditions could lead to a short-term correction.

Recommendation:

• For Bullish Moves: Wait for a confirmed breakout above $0.8547 with high volume before entering a long position.

• For Risk Management: Place a stop-loss at $0.8124 (current stop market level).