$MOVE

/USDT Slight Recovery Momentum Update Alert !💥💯📈

Price: $0.8422 (-1.32%)

24h Change: +9.53%

24h High: $0.9056

24h Low: $0.7657

24h Volume (MOVE): 101.87M

24h Volume (USDT): $86.17M

Market Segment: Layer 1

Technical Analysis (30m Timeframe)

Resistance Levels:

Immediate Resistance: $0.9056 (24h high)

Next Resistance: $0.9200

Support Levels:

Immediate Support: $0.8200

Next Support: $0.8000

Indicators:

Moving Averages: Price is trading below the 20 EMA, suggesting a slight bearish correction in the short term.

MACD: Bearish crossover in the last 30 minutes, indicating decreasing upward momentum.

RSI: 58 (neutral, with a slight tendency towards overbought, suggesting caution for a pullback).

Bollinger Bands: Price is near the middle band, indicating consolidation with potential for a breakout.

Trade Signal

Momentum: Neutral-to-Bearish

Entry Point: $0.8200 - $0.8400

Target Levels 🎯:

1. Target 1: $0.8600

2. Target 2: $0.8800

3. Target 3: $0.9000

Stop Loss: $0.8000

Trade Strategy:

Short-Term: Consider exiting at Target 1 or 2 for profits if the price rises towards resistance.

Mid-Term: Hold for Target 3 if upward momentum resumes after minor pullbacks.

Risk Management: Use a stop-loss at $0.8000 to limit potential downside risk.

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