$MOVE /USDT Analysis – Bullish Momentum in an Ascending Channel 🚀
$MOVE /USDT is trending within a well-defined ascending channel, currently testing support near the lower trendline at $0.9875—a potential entry point for long positions.
Key Levels to Watch:
Upside Targets: $1.05 and $1.10, corresponding to the upper boundary of the channel.
Stop Loss: Below $0.96 to mitigate downside risk.
Strategy:
A rebound at support could signal upward momentum, confirming the bullish channel's continuation.
Conversely, a break below $0.96 would invalidate the setup and indicate bearish pressure.
The current trend remains bullish as long as the price respects the channel structure. Stay alert for volume confirmation at critical levels to solidify your strategy.
