technical analysis and trade signal for the $MOVE /USDT 🔥🔥🚀🚀🚀🚀
Current Price: 0.6679 USDT
24h High: 0.6976 USDT
24h Low: 0.6090 USDT
24h Trading Volume: 139.28M MOVE, 89.58M USDT
Trend Analysis:
The MOVE/USDT pair has experienced a strong bullish trend in the last 24 hours, up by 9.42%. The price has broken through a recent resistance level near 0.6090 USDT and has pushed higher toward 0.6934 USDT (SAR). However, it is currently hovering just below the resistance level at 0.6934.
Key Levels:
Support Level: 0.6125 USDT (strong support seen on the recent pullback)
Resistance Level: 0.6934 USDT (SAR level, can act as resistance)
Current Price: 0.6679 USDT
Trade Momentum:
The price has shown strong upward momentum (+9.42%) in the last 24 hours, indicating continued bullish sentiment.
RSI: At a healthy 60-70 range, suggesting the market is not overbought yet.
MACD: Bullish crossover confirmed, signaling more upside potential.
Trade Signal:
BUY Signal: Buy at current price levels (0.6679) with confirmation that the price sustains above 0.6125 (the support level).
Target Levels 🎯:
1. Target 1: 0.6934 USDT (First major resistance, where price might face some pullback)
2. Target 2: 0.7100 USDT (Next psychological resistance level)
3. Target 3: 0.7350 USDT (Extended target if momentum continues)
Stop-Loss:
Set stop-loss at 0.6125 USDT to limit potential losses in case the price breaks below the support.