$MOVE /USDT: Short-Term Momentum Play with Upside Potential! 🔥
Current Price: $0.7169 (+6.5%)
Recent Action: $MOVE is showing continued strength after a bullish breakout above its key support zone. The price is consolidating, signaling potential for another leg higher.
Key Levels to Watch:
Resistance: $0.7200 (immediate barrier)
Support Zone: $0.7000 - $0.7100 (recent breakout area)
Updated Action Plan:
1. Entry Point: Wait for a pullback near $0.7100 for an optimal risk-reward setup.
2. Target 1: $0.7250 for quick profits.
3. Target 2: $0.7400 for extended upside potential.
4. Stop-Loss: $0.7000 to minimize downside risk.
Momentum Insights:
Keep an eye on trading volume; rising volume near resistance confirms strength.
Watch for rejection or consolidation near $0.7200 before committing to an entry.
This setup continues to offer a strong risk-reward ratio for short-term traders. Stay alert for market shifts and manage your trade carefully!