$MOVE /USDT - Ready for Action!šÆš„
The MOVE/USDT pair has seen significant volatility, currently trading at $0.9910, marking a 27.54% gain in the last 24 hours. After testing the $1.13 resistance, the price retraced but found support near $0.95, indicating potential accumulation in this range.
Next Move Expectation:
The market structure signals a potential breakout or consolidation near current levels. A break above $1.03 may confirm bullish momentum, targeting $1.13 and potentially $1.25. Conversely, losing $0.95 could extend the drop to $0.90 or lower.
Trade Opportunities:
1. Long Entry: Enter near $0.96ā$0.98 with a target of $1.10 and $1.25. Stop-loss at $0.94.
2. Short Entry: Below $0.94, target $0.88 with a stop-loss at $0.97.
The price is trading within a narrowing channel, hinting at an imminent breakout. Secure partial profits as targets approach and monitor volume for confirmation. This is a high-reward setup for both short-term traders and swing holders.
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