$MOVE 🚶‍♂️📉 $MOVE/USDT - Sharp Bearish Breakdown - Caution Advised!

⚠️⚠️⚠️ DO NOT TRY TO CATCH THE FALLING KNIFE! ⚠️⚠️⚠️

🔍 Current Observation:

Sharp and significant price decline.

Break below key support levels.

Price below all key EMAs.

High volume on the drop.

🚫 Avoid Trying to Buy Immediately!

🤔 Potential Scenarios (Cautious):

Potential for a Dead Cat Bounce (High Risk).

Waiting for Sustained Consolidation.

Looking for Clear Bullish Reversal Signals.

🔭 Key Levels to Watch:

Resistance: $0.2139$, $0.2214$ (7 EMA), $0.2236$ (25 EMA), $0.2319$ (99 EMA).

Support: No clear immediate support. Watch psychological levels.

📊 Technical Indicators:

EMAs: All acting as resistance (bearish).

RSI: Low (oversold), but can remain low in a strong downtrend.

💭 Final Thoughts:

$MOVE$ has seen a strong bearish breakdown. Wait for clear signs of stabilization or reversal before considering longs. Be patient and manage risk carefully! 🚶‍♂️📉