🔹 Pair: MOVE/USDT (Perpetual)
⏳ Timeframe: 1H
📉 Previous Trend: Bearish
📈 Current Bias: Bullish (Primary Setup), Bearish Contingency
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🔵 Primary Setup – Bullish Continuation
📊 Market Structure & Analysis:
✅ Falling Wedge Breakout: MOVE/USDT has broken a contracting falling wedge, signaling a bullish reversal.
✅ Higher Low Forming: A shift in market structure suggests a potential uptrend.
✅ Volume Increasing: Strong buying pressure supports momentum.
✅ Key Fibonacci Levels: The price is reclaiming 0.382 Fib with 0.5 and 0.618 resistance zones ahead.
🎯 Bullish Trade Setup:
🔹 Entry Zone: $0.4180 – $0.4220 (Pullback entry)
🚀 Targets:
TP1: $0.4380 (0.5 Fibonacci)
TP2: $0.4500 (0.618 Fibonacci)
TP3: $0.4650 (Major resistance)
🔻 Stop-Loss (SL): Below $0.4080 (Wedge invalidation)
🔄 Risk/Reward Ratio: 2.5+:1
📌 Bullish Confirmation: A 1H close above $0.4280 signals further upside.
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🔴 Bearish Contingency – Possible Rejection
⚠️ Bearish Signs to Watch:
❌ Resistance at $0.4280 – $0.4380: If price struggles here, a rejection could trigger another downtrend.
❌ Fake Breakout Risk: Low liquidity (Dead Zone session) could cause a bull trap.
❌ Volume Divergence: If price rises but volume decreases, upside momentum could fade.
📉 Bearish Trade Setup (Only if rejection occurs):
🔹 Entry Zone: $0.4260 – $0.4320 (Shorting resistance zone)
📉 Targets:
TP1: $0.4120 (0.382 Fib retest)
TP2: $0.4050 (Stronger support zone)
TP3: $0.3900 (Full breakdown level)
🔻 Stop-Loss (SL): Above $0.4380 (Invalidates bearish bias)
🔄 Risk/Reward Ratio: 2.0+:1
📌 Bearish Confirmation: A 1H close below $0.4150 signals further downside.
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📢 Final Verdict:
🔵 Bullish Setup is Primary: If price holds above $0.4180, expect continuation to $0.4500+.
🔴 Bearish Setup is Secondary: If price fails to break $0.4280 – $0.4380, a rejection could push it back to $0.4000 or lower.
🎯 Key Level to Watch: $0.4280 – If broken, bullish continuation is strong. If rejected, prepare fo
r a drop.
🔔 Stay updated & trade smart! Manage risk accordingly! 🚀
