🚀 $MOVE /USDT Technical Analysis – Big Moves Ahead? 🎯🎯
Current Price: $0.8323 (+28.76%)
24h Range: $0.6385 - $0.8600
Volume: $262.72M
MOVE/USDT has shown remarkable growth, gaining over 28% in the past 24 hours, signaling strong bullish momentum. Let’s dive into the technicals and explore three potential targets:
Target 1: $0.9000 🎯
The immediate resistance lies at $0.9000. If bullish momentum continues and buyers remain strong, this level could be achieved soon. Keep an eye on trading volume for confirmation.
Target 2: $1.0500 🎯
Breaking $0.9000 could push the price to $1.0500, a psychological and technical barrier. This level aligns with the Fibonacci retracement and prior consolidation zones.
Target 3: $1.2000 🎯
If the rally sustains and sentiment remains positive, MOVE/USDT could aim for $1.2000. Achieving this level would mark a significant breakout, possibly attracting more traders.
Key Indicators to Watch:
RSI: Currently approaching overbought levels; a slight pullback is possible.
Support Levels: $0.7500 and $0.6800.
Volume: Increased buying pressure is crucial to maintain upward momentum.
Trading Strategy:
Short-term Traders: Look for potential pullbacks near $0.8000 to enter positions.
Long-term Holders: Stay alert for a breakout above $1.0500 for higher gains.
#BinanceAlphaAlert #GrayscaleSUITrust #USJoblessClaimsFall #ElSalvadorBTCReserve