$MOVE /USDT: Technical Analysis & Trade Signal

Current Market Overview:

Price: $0.9475

24h High: $1.0653

24h Low: $0.9219

Volume: 53.73M (MOVE) / 53.30M (USDT)

The price has retraced significantly, indicating potential entry points. A strong support level at $0.9219 suggests a possible bounce, while resistance near $1.0653 may act as a target.

Support & Resistance Levels:

Support: $0.9219

Resistance: $1.0653

Trade Signal:

Momentum: Neutral-Bullish (if price sustains above $0.9300)

Entry Point:

Buy between $0.9300 - $0.9500.

Targets 🎯:

1. Target 1: $0.9800 (+3.43%)

2. Target 2: $1.0200 (+7.64%)

3. Target 3: $1.0650 (+12.40%)

Stop-Loss:

Place a stop-loss at $0.9100 (-3.95% from current price).

Momentum Indicators:

1. RSI: Near 40 – Oversold zone, indicating a potential reversal.

2. MACD: Momentum slowing, but crossover possible above $0.9500.

3. Volume: High trading volume confirms significant interest.

Trading Strategy:

If price bounces from $0.9219 support, it could trigger a rally towards the first target of $0.9800.

Breakout above $1.0200 may lead to extended gains toward $1.0650.

Below $0.9100, bearish momentum might prevail, signaling an exit.

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