$MOVE — Sustained Reversal Attempt with Technical Resistance on the Radar ✨
Main Trend • H4: Formation of a technical double bottom with breakout at $0.2455 — main resistance at $0.2542
• M15: Light correction after local top, with support respected at $0.2432
Sentiment 🟡 Technical Reversal Under Construction — Movement needs to break critical zone to confirm new trend
MOVE/USDT advances +3.46%, quoted at $0.2455, after a low of $0.2370 and a high of $0.2542 in the last 24h. The H4 chart broke the short-term downward trend line and is already trading above the short averages. In M15, the asset makes a natural pause after the recent top, but still maintains a bullish bias. Volume is not explosive, but continues to grow and validating the movement.
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Resistances
• 0.2485
• 0.2542
• 0.2711
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Supports
• 0.2432
• 0.2370
• 0.2175
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RSI
H4: 53.79 — Neutral with bullish bias
M15: 47.43 — Light correction with room for recovery
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MACD
H4: 0.0007 — Positive crossover has already occurred
M15: -0.0002 — Recent correction, with no significant negative divergence
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Williams %R
H4: -30.85 — Strength area, but not overbought
M15: -72.13 — Signal of healthy relief after top
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Stochastic RSI
H4: 77.07 — Elevated area with slight deceleration
M15: 31.17 — Imminent recovery zone
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Volume
H4: Volume above average — movement validated
M15: Reduction post-top, but without abrupt exit from position
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Sale
Resistance at $0.2485 may generate momentary rejection
Suggested stop above $0.2545 in case of sale operation
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Purchase (reverse)
Region of $0.2430 valid for entries with target at $0.2540
Stop below $0.2370
Scalping
Range of $0.2432 to $0.2485 shows good oscillation and liquidity
Possibility of new impulse if breaking $0.2542 with volume
MOVE/signals consistent technical reversal, with bullish structure under construction. The breakout of $0.2542 should confirm the trend reversal — until then, the scenario remains promising, but requires patience and management.