$MOVE Liquidation Alert: $6.2867K Shorts Crushed at $0.83488!
Move Protocol ($MOVE ) has just witnessed a short liquidation worth $6,286.7 at $0.83488, signaling bullish momentum as sellers were forced out. The market could be gearing up for a bigger move. Let’s map out the key zones and prepare your next trade.
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Key Levels for MOVE
1. Buy Zone:
First entry range: $0.820 - $0.835 (great for short-term trades).
Strong accumulation zone: $0.780 - $0.800, ideal for safer long-term entries.
2. Target Levels:
Short-term target: $0.860 - $0.880.
Mid-term target: $0.920 - $0.950.
3. Stop Loss:
Place your stop loss below $0.780 to manage downside risk effectively.
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What’s Next for MOVE?
Bullish Scenario:
If MOVE stays above $0.830 and builds momentum, it could push to $0.860 and beyond. Breaking $0.880 with volume may set the stage for a rally toward $0.920 or higher.
Bearish Scenario:
A drop below $0.820 could see MOVE retrace to $0.800. Failing to hold $0.780 may lead to further downside toward $0.750.
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Factors to Watch
1. Market Sentiment: If Bitcoin or major altcoins trend upward, MOVE could follow suit with strong bullish momentum.
2. Volume Activity: Look for increasing buying volume near $0.830 as a signal of strength.
3. Ecosystem News: Announcements related to Move Protocol’s development, partnerships, or adoption could act as a catalyst for price movements.
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Pro Trading Tip: Always stick to your plan, use proper risk management, and don’t trade emotionally. This analysis is not financial advice—just a roadmap to help guide your strategy. Stay focused and trade smart!
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