$MOVE /USDT: Riding the Wave of Momentum
In the 15-minute time frame, $MOVE /USDT is showing significant bullish momentum, trading at 1.0549 USDT, up nearly 50% in the last 24 hours. The resistance level stands at 1.1366 USDT, while support is established at 0.9192 USDT. A breakout above the 1.0600 USDT level could signal further upward movement. Consider entering a long position at 1.0550 USDT with short-term profit targets at TP1: 1.0700 USDT, TP2: 1.0900 USDT, and TP3: 1.1150 USDT. To protect your downside, place a stop loss at 1.0250 USDT, ensuring risk is well-managed.
With RSI approaching overbought territory and MACD signaling bullish convergence, the setup is primed for a continuation of the upward trend. Monitor volume for confirmation and trail your stop loss as targets are achieved to lock in profits.