$MOVE /USDT: Momentum Building for a Bullish Breakout! đĽđŻ
MOVE is trading at $1.1588, showing signs of resilience within an ascending price channel. A steady climb in momentum signals potential for a breakout.
đ Current Setup: ⢠Trading within a strong upward price channel, with key support at $1.1000. ⢠Immediate resistance at $1.2000, a breakout above this level could trigger a rally to $1.2500 or higher.
đŻ Action Plan: ⢠Entry Point: Consider entering at $1.1588. ⢠Target Levels: ⢠Short-term: $1.2000. ⢠Extended: $1.2500. ⢠Stop-Loss: Place at $1.1000 to manage risk effectively.
Keep an eye on volume and breakout confirmations above resistance. MOVE is showing promising technicals, but managing risk is key for maximizing gains.
The breakout above the consolidation zone (highlighted purple box) confirms a bullish momentum on the 30-minute timeframe. Current price: $0.04175 (+14.06% today).
Analysis: ⢠A sharp breakout with increased volume suggests strong buying pressure. ⢠Consider securing partial profits as the price approaches $0.04400. ⢠For long-term traders, keep an eye on $0.04650 as the next resistance.
As predicted, the $POND surged following the breakout! I alerted everyone beforehand, but I know many of my followers missed this trade. Congratulations to those who followed and are now enjoying the profits! Keep an eye out for the next opportunityâdonât miss out next time!