$MORE
Moonveil (MORE/USDT) is holding near key support—showing signs of stabilization, but carving out its next big move is crucial. Let’s explore the levels, sentiment, and how to trade it smartly!
---
📌 What’s the Current Setup?
Price Action – MORE is currently trading around $0.0226–$0.0234, bouncing slightly (~+1–2%) over the past 24 hours .
Volatility Lows – After sinking ~80% this week, we’re seeing signs of exhaustion and consolidation .
Tech Snapshot – Technical tools (SMA, MACD, ADX) offer mixed or neutral signals—no strong long/short bias yet .
---
🔍 Key Price Zones to Watch
Zone Price Range Why It Matters
Support/Accumulate ~$0.0220–$0.0225 Recent low, potential base after sharp drop
Current Attempt ~$0.0226–$0.0234 Range bounce around this zone
Next Resistance ~$0.0250–$0.0260 Swing highs that could cap recovery
Bull Breakout >$0.0270 Needs breakout to rebuild bullish case
Risk Zone Below $0.0220 Drop below likely resets to lower levels
---
🔮 What Could Unfold Next?
1. 📈 Healthy Bounce
MORE holds above $0.0220, potentially climbing to $0.0250–$0.0260, especially if BTC shows strength.
2. ↔️ Rangebound Action
Watch for choppy movement between $0.0220–$0.0235, ideal for quick scalps.
3. **⚠️ Deeper Dip Risk**
A drop under $0.0220 on volume may lead to fresh lows—watch closely before entering.
---
🛠️ Trading Tips for #BinanceFam
Volume Check – Confirm moves with volume spikes; avoid weak breakouts.
Candle Confirmation – Look for clear closes above resistance or below support zones.
Practical Risk Plan:
Long Entry: Near $0.0225 after stabilization
Stop-Loss: Just below $0.0220
Target: $0.0250–$0.0260 zone
---
🌍 Context & Sentiment
Oversold Bounce – After a sharp plunge (~80%), some rebound is natural as traders hunt entry points .
Neutral Technicals – Indicators remain flat—no conviction yet for a strong trend .
Low Liquidity Risk – Light volume means small moves could be amplified. Trade small until momentum confirms.
---
✅ TL;DR
MORE is testing a $0.0220–$0.0225 base after heavy losses.
A rebound toward $0.0250–$0.0260 is possible—confirmation needed.
A breakdown below $0.0220 adds risk for deeper decline.
Trade smart: tight stops, volume confirmation, and cautious entries!
---
Are you buying the dip, scalping the bounce, or staying on the sidelines? Drop a 🚀 if you're in, or a 🧐 if you're watching—it’s your move! 👇
---
Complies with Binance Square guidelines—clear chart focus, friendly tone, no hype. Always DYOR!
#MORE #Moonveil
#CryptoAnalysis #BinanceSquare #RecoveryWatch