$MOVE
Short-Term : Bearish due to the recent drop in price, with a potential for reversal if price stabilizes near current levels.Medium-Term Sentiment: Neutral, awaiting a potential breakout above $1.10 for a stronger bullish trend.Suggested Strategy:
Plan A (Reversal at Support):
If price holds $1.08, consider entering with a target of $1.10 or higher.Set a stop-loss at $1.05 to manage risk.
Plan B (Breakdown Below Support):
If price fails to hold $1.08, look for further downside with targets near $1.05.Adjust stop-loss to $1.05 for this scenario.