$MOVE
Short Position Liquidated: $5.6085K at $0.98464
A notable $5.6085K worth of short positions on MOVE were liquidated as the price surged to $0.98464, signaling strong bullish momentum in the market.
Market Highlights:
Current Resistance: $1.000 – A key level for bulls to break for sustained upward movement.
Support Zone: $0.950 – Critical for maintaining bullish sentiment if tested again.
Next Price Targets:
Bullish Target: $1.050 – Likely if resistance is overcome.
Bearish Retrace: $0.920 if bulls lose strength.
Momentum appears to favor the buyers, but caution is warranted as volatility could lead to rapid shifts in sentiment.