$MOVE /USDT: Bullish Momentum Building – Targets to Watch
Current Price: $1.0080 (+4.47%)
24H High/Low: $1.0391 / $0.9435
Volume: $64.09M
Market Overview
$MOVE /USDT has shown strong bullish momentum, gaining over 4% in the past 24 hours. With its price attempting to reclaim key levels, traders are closely monitoring its movements for potential breakout opportunities.
Key Levels to Watch
1️⃣ Immediate Resistance: $1.0391 (24H High)
Breaking this level could open doors for a continued rally.
2️⃣ Target 1: $1.0500
A psychological level with high trading activity.
3️⃣ Target 2: $1.0750
Mid-term resistance supported by recent buying pressure.
4️⃣ Target 3: $1.1000
A major resistance level; clearing this could signal a significant breakout.
Support Levels
1️⃣ $0.9891
Immediate support; failure to hold may lead to short-term corrections.
2️⃣ $0.9435
24H Low, acting as a critical support zone.
Technical Indicators
Volume Surge: $MOVE /USDT shows strong buyer interest with $64M in 24H volume, signaling increased market participation.
RSI: Neutral to slightly bullish, suggesting more room for upward movement.
Trading Strategy
For Bulls:
Enter near $1.0000, targeting $1.0500 and $1.0750.
Stop Loss: $0.9750.
For Bears:
Wait for rejection at $1.0391 to short towards $0.9800.