$MOVE is currently trading at $0.6375, reflecting signs of weakening momentum after failing to recover from its intraday high. The price action indicates increasing selling pressure, suggesting a potential bearish continuation in the short term.

If the price breaks below the first critical support level at $0.6326, it could accelerate toward the second key target at $0.6231, where further support might be tested. However, holding above the resistance at $0.6377 remains crucial to mitigate immediate downside risks.

Traders are advised to exercise caution and implement tight risk management strategies as bearish sentiment continues to dominate.

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