🚀 $MOVE /USDT Technical Analysis: Bullish Breakout or Bearish Retreat? 🎯

Current Price: $1.0671 (down 4.54%)

24h High: $1.1555 | 24h Low: $1.0213

MOVE/USDT is currently experiencing a pullback after testing the 24-hour high of $1.1555. The price is moving within a narrow range, presenting an opportunity for a breakout or breakdown depending on market sentiment. Here's the technical analysis and trade signal for the upcoming move:

Trade Signal:

Entry Price: $1.060

Stop Loss: $1.015 (below recent low for risk management)

Target Levels (Price Objectives):

🎯 Target 1: $1.10

🎯 Target 2: $1.12

🎯 Target 3: $1.15

Momentum Analysis:

Current Trend: Bearish (price below key resistance, recent 4.54% drop)

Short-term Momentum: Neutral, waiting for a breakout

Mid-term Momentum: Watch for a push above $1.10 or a drop below $1.02 to confirm the next direction

Conclusion:

If MOVE/USDT holds above $1.06, a potential rally towards $1.10-$1.15 could unfold. However, a drop below $1.02 signals further downside risk, possibly testing $1.00.

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