Market Analysis: $MOVE /USDT Bull Run Update!š„šÆ
The MOVE/USDT pair has shown an impressive surge of over 21.75% in the last 24 hours, reaching a price of $1.0507 on Binance. The breakout is supported by significant trading volume, with MOVE recording $150.26M in 24-hour volume.
After testing a 24-hour high of $1.1445, the price has corrected slightly and is consolidating near the $1.0500 level. This bullish momentum indicates further upside potential in the short term.
Suggested Trade Setup:
ā¢ Entry: Consider entering around the $1.0450-$1.0550 zone.
ā¢ Target 1: $1.1200
ā¢ Target 2: $1.1800
ā¢ Stop Loss: $0.9800
Key Notes:
ā¢ Monitor the trading volume and market sentiment closely as they are driving this rally.
ā¢ A break above $1.1445 could fuel further gains, while a failure to hold above $1.0000 may trigger a deeper pullback.
This is a speculative opportunity, and risk management is crucial. Adjust your strategy based on market conditions and individual risk tolerance.