$MOVE /USDT Technical Analysis & Trade Signal: Watch for Reversal Opportunities 🎯

Current Price: $1.02

24h High: $1.1036 | 24h Low: $1.0082

Trend: Bearish short-term with oversold conditions

Key Support & Resistance Levels

Support:

First Support: $1.01

Second Support: $0.95

Third Support: $0.85

Resistance:

First Resistance: $1.05

Second Resistance: $1.08

Third Resistance: $1.10

Trade Signal: Time to Consider a Potential Reversal

Entry Zone: $1.02–$1.03 (bullish reversal zone due to oversold conditions)

Target Levels:

Target 1: $1.05 (short-term rebound)

Target 2: $1.08 (if upward momentum continues)

Target 3: $1.10 (breakout and further bullish momentum)

Stop Loss: Set below $1.00 to manage risk

Momentum Analysis: Cautiously Optimistic

RSI at 30: Oversold conditions indicate a potential rebound.

Bearish Momentum: A -2.57% drop in the last 24 hours suggests short-term weakness.

Strategy: Long Entry Opportunity

Enter at $1.02–$1.03 with targets at $1.05, $1.08, and $1.10.

Monitor closely for a break below $1.00 to adjust your strategy for further downside risk.

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