🚀 $MOVE /USDT Technical Analysis & Price Targets 📉
The MOVE/USDT pair has been experiencing a significant pullback after reaching a 24-hour high of $1.0758, now trading at $0.8867, a drop of -14.72%. Let’s dive into some key levels and potential targets.
🔹 Support Level: $0.8625
This level is holding strong as a support. If the price continues to respect this, it might be an ideal entry point for potential upside.
🔹 First Target: $1.00
A crucial resistance level, $1.00 offers a potential 13% upside from the current price. A break above this level could trigger further buying momentum.
🔹 Second Target: $1.05
A more conservative target, as $1.05 aligns with previous resistance levels and offers a solid 18% potential gain from current levels.
🔹 Third Target: $1.0758 (24h High)
Reaching back to the 24-hour high could be a significant move, with a potential 21% increase if bullish momentum continues. A break above this level could signal a new uptrend.
🔍 Keep an eye on the market for a possible bounce around the support or break above the resistance levels for potential gains. Always conduct your research and trade wisely!
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