$MOVE Trading Strategy Update

🔎 Key Insight:

A short liquidation of $5.1287K at $1.02574 suggests strong bullish activity, with buyers likely driving prices higher. This liquidation point can act as a foundation for an upward trend.

📈 Next Move - Buy Zone, Target & Stop Loss

1️⃣ Buy Zone:

Enter between $1.020 - $1.030. This range captures the price near the liquidation level, aligning with the bullish trend.

2️⃣ Target Levels:

Target 1: $1.060 (initial resistance)

Target 2: $1.090 (key breakout level)

Target 3 (Stretch Goal): $1.120

3️⃣ Stop Loss:

Set a stop loss at $1.000 to manage downside risks effectively.

💡 Strategy Insights:

Volume Confirmation: Ensure increasing buying volume near $1.02574 to confirm market strength.

Risk Management: Keep your position size moderate and avoid over-leveraging.

Market Awareness: Watch for broader market trends or any news related to $MOVE that could influence price movement.

Pro Tips for Success:

Wait for Stability: Enter only if the price stabilizes or shows an upward push in the buy zone.

Secure Profits Gradually: Take partial profits at $1.060 and $1.090 while holding a portion for the stretch target of $1.120.

Set Alerts: Use price alerts for $1.030 and $1.060 to stay informed about key levels.

Discipline and risk management are key to successful trading. Let the market momentum guide your moves and aim for consistent success!

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