đ $MOVE /USDT Technical Analysis đ
The MOVE/USDT pair has seen a notable decline recently, dropping by 16.36%. But is this a buying opportunity or a signal for further downside? Let's break it down.
đ Current Price: $0.7563
đ 24h High: $0.9310
đ» 24h Low: $0.7080
Key Levels to Watch:
1ïžâŁ Target 1: $0.7000
A potential support level in the short term, if the price continues to dip. If this level holds, we could see a rebound.
2ïžâŁ Target 2: $0.8000
A recovery to $0.8000 might be possible if the market finds stability. Watch for any upward momentum here as a key resistance zone.
3ïžâŁ Target 3: $0.9200
A breakout above $0.9000 could signal a bullish rally, pushing the price towards the $0.9200 range. If this happens, expect a strong bullish continuation.
đ„ Key Indicator to Watch:
The depth change of -0.8746% and Binanceâs price action suggests that thereâs still room for further movement, so be cautious around these levels.
đ Volume Insights:
With 175.74M MOVE traded in the last 24 hours, weâre seeing significant liquidity. If volume increases near our target levels, it could signal a strong breakout or continuation.
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