hi cutie

Technical Analysis: $MOVE /USDT

Current Price: 0.9222 USDT (+6.97%)

24h Range: 0.8208 USDT - 0.9431 USDT

The MOVE/USDT pair has seen a healthy increase of 6.97% in the past 24 hours, indicating strong upward momentum. However, there has also been some volatility with significant fluctuations in the price. With a 24-hour low at 0.8208 USDT and a high at 0.9431 USDT, there is an established range, and price is currently trading near the

midpoint.

Key Levels:

Support: 0.8208 USDT

Resistance: 0.9431 USDT

Current Price: 0.9222 USDT

Trade Signal:

Based on the price action and current market sentiment, we expect a potential breakout. Traders should look for these key targets:

1. Target 1: 0.9500 USDT

If the price holds above the support level (0.8208 USDT), expect a move toward this level. This would be a strong resistance point.

2. Target 2: 1.00 USDT

If momentum continues upwards after reaching 0.9500 USDT, expect the next major resistance near 1.00 USDT. A breakout past this could signal further bullish momentum.

3. Target 3: 1.10 USDT

A more aggressive target based on the overall bullish sentiment. If the market keeps pushing upwards, this level could be tested in the coming days.

Trade Momentum:

Bullish Momentum: The +6.97% rise shows upward momentum, and the depth of 4.9522% reflects buying interest in the market. However, given the recent volatility, it's essential to use risk management strategies, such as setting stop losses near 0.8208 USDT (the 24h low).

Possible Pullback: Short-term pullbacks may occur before any further upward moves, so watch for signs of rejection at 0.9431 USDT or 0.9500 USDT.

Trade Strategy:

Buy Zone: Near 0.8208 USDT (support level)

Sell Zone: Near 0.9431 USDT - 1.00 USDT (resistance levels)

Stop Loss: Consider setting a stop loss just below 0.8200 USDT to mitigate risks.

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