📉 $MOVE /USDT Market Update 📉
Current Price: $0.8354 (-11.34%)
24h High: $0.9700
24h Low: $0.8313
24h Volume: 56.90M USDT
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📈 Trade Setup:
🔹 Long Position:
Entry Zone: $0.8300 - $0.8500
Target 1: $0.8800
Target 2: $0.9200
Stop Loss: Below $0.8200
🔹 Short Position:
Entry Zone: $0.8800 - $0.9200
Target 1: $0.8500
Target 2: $0.8300
Stop Loss: Above $0.9300
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🔍 Technical Insights:
Support Level: $0.8300 acts as a critical support zone; failure to hold may lead to further downside.
Resistance Level: $0.8800 is the immediate resistance level, with stronger resistance at $0.9200.
Momentum: Bearish sentiment prevails, but oversold conditions could trigger a short-term recovery.
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⚠️ Risk Management Tips:
Use trailing stop-loss to secure profits during volatile moves.
Monitor for volume spikes near key levels to confirm market direction.
Stay cautious and trade within your risk tolerance.
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