$MOVE /USDT has been on a strong uptrend recently, with the price surging from the $0.7800 level to the current price of $0.8800, representing a significant +12.32% increase. The 24-hour trading volume is at a healthy $105.22M, indicating strong interest in the coin.
Entry:
Consider entering a long position at the current price of $0.8800.
Key Levels:
* Resistance: $0.9056 (24-hour high)
* Support: $0.7800 (24-hour low)
Take-Profit Targets:
* TP1: $0.9056 (24-hour high)
* TP2: $0.9300
* TP3: $0.9600
Stop Loss:
Set a stop loss at $0.8400 to protect your position in case of a sudden reversal.
Caution:
While the current trend is bullish, it's important to exercise caution and monitor the market closely. The price action could consolidate or even reverse if there is a lack of buying pressure or if the market sentiment turns bearish. Watch for stability around the $0.8800 level or potential breakout signals above the $0.9056 resistance level.
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#MOVEUSDT #CryptoTrading #Binance #Bullish #TechnicalAnalysis