$MOVE Trading Strategy
MOVE shows strong bullish momentum, driven by high trading volume and significant price gains. Traders should monitor key levels, particularly $0.75 (support) and $0.88 (resistance), to determine the next direction.
Bullish Scenario: If the price holds above $0.75 and RSI remains below 70, it could test the $0.88 resistance again. Breakout traders may target $0.92 or higher.
Bearish Scenario: A drop below $0.725 could lead to further corrections toward $0.60. Traders may consider setting stop-losses below this level.
Support and Resistance Levels:
Support: The key support level is around $0.725 (7-period MA). Below this, $0.60 could act as the next significant support.
Resistance: The immediate resistance lies at $0.8776 (24H high). A breakout above this level could push the price toward $0.92 or higher.
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