$MOVE Long Liquidation Alert
A significant $5,084.3 in long positions got wiped out as #MOVE plunged to $1.03087, shaking out overleveraged bulls!
Key Levels in Focus:
Immediate Resistance: $1.0500 – A recovery above this level is crucial for bulls to regain control.
Critical Support: $1.0000 – If breached, it could trigger further downside toward $0.9500.
What’s Next?
The liquidation hints at intensified selling pressure.
If $MOVE struggles below $1.03087, bears may drive the price lower, testing key psychological levels.
Conversely, a bounce above $1.0500 could spark a short-term rally toward $1.0800.
Stay vigilant – the battle between bulls and bears is heating up!
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