$MOVE /USDT Trade Setup - Key Levels for Long and Short Opportunities
Current Price: $0.6256
24h High: $0.6806 | 24h Low: $0.5973
š Long Trade Setup
Entry Zone: $0.6200 - $0.6300
Targets: $0.6540 / $0.6800 / $0.7000
Stop Loss: Below $0.6000
Analysis: $MOVE /USDT has bounced from its $0.5973 support level, showing potential for another upward move. A breakout above $0.6542 could trigger bullish momentum toward its recent high of $0.6806 and further to $0.7000 if volume supports the rally.
š» Short Trade Setup
Entry Zone: $0.6540 - $0.6800
Targets: $0.6100 / $0.6000 / $0.5930
Stop Loss: Above $0.6850
Analysis: If $MOVE /USDT faces rejection near the $0.6800 resistance zone, a pullback toward support at $0.6000 could occur. Watch for bearish signals like lower highs or volume weakening near resistance levels.
š Key Observations
Support Zone: $0.6000 - $0.5973 holds as the critical range to maintain bullish momentum.
Resistance Zone: $0.6540 - $0.6800 is key for a breakout confirmation.
Volume Surge: Watch for increasing volume during breakout levels to confirm strength.
ā ļø Risk Management: Use a tight stop-loss strategy for both setups to handle any volatility and unexpected reversals.
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