$MOVE

Technical Analysis – MOVE/USDT (Spot)

Current Price: $0.1833

Volume Spike: 26M USDT (Unusually high — indicates strong trader interest)

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Chart Structure (1H & 4H Timeframes)

Ascending Triangle Breakout forming on the 4H chart with a breakout level at $0.1850.

Volume Confirmation: Increasing volume on upswings — classic accumulation behaviour.

Support Zone: $0.1720 - $0.1750 (multiple wicks showing demand here)

Resistance Zone: $0.1885 - $0.1950 (needs clean break and retest for higher levels)

Spot Buy Signals

1. Break and Close above $0.1850 on 1H/4H with volume > average 20MA

Action: Spot entry

TP1: $0.1950

TP2: $0.2120

SL: Below $0.1750

Risk Notes

If price fails to hold $0.172, expect a drop to the next support at $0.160.

Watch for bearish divergence on RSI if price pumps too fast without volume.