🚨 $MOVE
/USDT Price Alert: Testing Support After Sharp Volatility! 🚨
$MOVE is currently trading at $0.6766, down 2.17%, after retreating from its 24-hour high of $0.7777. Following a sharp spike to $1.4100, the price is stabilizing near key levels as it tests support zones.
💡 Key Levels to Watch:
Resistance: $0.7038 (EMA 7) – A breakout above this level could signal a move toward $0.7777 and potentially higher.
Support: $0.6620 – Holding this level is critical to avoid further downside toward $0.4602.
📈 Bullish Scenario: A breakout above $0.7038 may lead to a retest of $0.7777, with potential further gains toward $0.8500.
📉 Bearish Scenario: A failure to hold $0.6620 could see slide further toward $0.4602, with increased selling pressure.
📌 Trade Setup:
Entry: Around $0.6766
Take Profit Targets: $0.7038, $0.7777, $0.8500
Stop Loss: Below $0.6620
Keep a close eye on volume as $MOVE navigates a critical consolidation phase!