$MOVE /USDT Technical Analysis Update
đ Current Price: $0.9727
đŒ 24h Change: +14.66%
đ Volume (24h): 378.10M MOVE
Technical Levels and Targets:
1. Target 1 (Achieved): $1.00
MOVE recently tested and briefly surpassed the psychological resistance of $1.00 but retraced afterward.
đč Action: Secure partial profits and adjust stop-loss to $0.9500 to protect gains.
2. Target 2: $1.10
A sustained breakout above $1.00 could lead to the next key resistance at $1.10. This level aligns with historical price rejections and Fibonacci levels.
đč Strategy: Monitor price movement around $1.00 for confirmation of bullish continuation.
3. Target 3: $1.15+
Breaking through $1.10 with strong volume could push MOVE to test $1.15 or higher, marking a significant upside potential.
đč Plan: Gradually secure profits as the price approaches this level while maintaining trailing stop-losses.
Technical Indicators:
Momentum: Currently bullish, with signs of potential consolidation.
Volume: High buying interest supports the uptrend.
Support Zones: $0.9500 and $0.9000 (key levels to watch for pullbacks).
Trade Recommendations:
Secure profits at each target level to manage risk effectively.
Monitor for increased volume and momentum before entering new positions.
Place stop-losses near $0.9500 to reduce downside exposure.