$MOVE faced a rejection at the $1.0061 resistance, confirming a bearish breakdown as it slipped below support.

$MOVE is currently consolidating, presenting potential opportunities for both upward and downward momentum depending on the breakout direction. If the price breaks above 1.0232, it may indicate bullish momentum and a long entry can be considered with targets:

• Target 1: 1.0308
• Target 2: 1.0461

On the other hand, if the price drops below 1.0051, it could signal bearish momentum, offering a short entry with targets:

• Target 1: 0.9932
• Target 2: 0.9828

Wait for clear confirmation of the breakout or breakdown and manage risks with proper stop-loss placements.

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