đš $MOVE /USDT TECHNICAL ANALYSIS â Watch for a Potential Bounce! đš
The $MOVE /USDT pair is currently trading at $0.6903, showing a -2.69% decrease in the last 24 hours. After dipping to the 24-hour low of $0.6640, the price has bounced slightly, indicating possible upward momentum. Letâs take a closer look at the critical levels and targets.
đĄ Critical Levels to Watch:
đ§ Resistance Zone: $0.7500 â This level has been acting as a strong resistance point. A breakout above it could signal a bullish reversal and further upside potential.
đ Support Zone: $0.6640 â The recent low of $0.6640 is crucial. A failure to hold above this support could lead to further downside risks.
Potential Targets:
1ïžâŁ Target 1: $0.7100 â If the price breaks above resistance at $0.7000, this could be the next achievable target.
2ïžâŁ Target 2: $0.7300 â A more optimistic target if the breakout continues above $0.7100, signaling a solid recovery.
3ïžâŁ Target 3: $0.7500 â This is the major resistance zone where the price could face selling pressure, but if surpassed, it could lead to even higher moves.
â ïž Market Sentiment: While the price has recently seen a dip, the bounce from support suggests potential for a short-term rally. Traders should watch closely for a breakout above $0.7000 or a failure to hold above support.
đ„ Stay alert â $MOVE might be gearing up for a potential move!
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