đ $MOVE /USDT Technical Analysis â 4H Chart đ
Current Price: $0.6165
24H High: $0.6384 | 24H Low: $0.5916
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đą Long Trade Setup
Entry Zone: $0.6200 â $0.6300
Target 1: $0.6800
Target 2: $0.7200
Stop Loss: $0.5900
Reasoning:
The price has stabilized after a significant drop, showing signs of consolidation. A breakout above $0.6300 with rising volume could trigger upward momentum toward $0.6800 and $0.7200.
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đŽ Short Trade Setup
Entry Zone: $0.6100 â $0.6000
Target 1: $0.5700
Target 2: $0.5400
Stop Loss: $0.6300
Reasoning:
If the price fails to hold above $0.6100, further bearish pressure could push MOVE toward lower support levels at $0.5700 and $0.5400.
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đ Key Levels to Watch
Resistance: $0.6300 | $0.6800
Support: $0.6000 | $0.5700
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đź Prediction
A bullish breakout above $0.6300 may signal recovery, targeting $0.6800 and $0.7200.
Conversely, failure to hold $0.6000 could lead to downside testing support near $0.5700.
â ïž Risk Management: Use stop-loss levels and adjust trade sizes based on your strategy. đ
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