1. Overview of the trend
MOVE/USDT is undergoing a strong correction, with a nearly 10% drop in the last 24 hours. Multi-timeframe analysis indicates that selling pressure remains dominant, especially in the 4-hour and 1-day timeframes. In the short term, technical rebounds may occur, but there is not enough basis to confirm a reversal.
2. Timeframe Analysis
15-minute timeframe – Weak sideways
Current price: 0.1602 (-9.54%)
EMA(7) < EMA(25) < EMA(99) → Short-term downtrend.
RSI(6): 34.55 → Near the oversold zone, may recover slightly.
MACD: Weak signal, DIF crosses above DEA but remains below 0.
Low volume, OBV decline → Lack of buying force.
Signal: Possibility of sideways or slight decline. Not suitable for opening orders.
1-hour timeframe – Technical recovery
Current price: 0.1602
EMA(7) > EMA(25) but < EMA(99) → Short-term technical rebound.
RSI(12): 52.39 → Neutral.
MACD: Slightly positive, DIF > DEA → Signs of an increase.
Low volume, OBV negative → Lack of confirmation from cash flow.
Signal: Consider a Buy order if the price exceeds 0.1629 with increased volume.
4-hour timeframe – Selling pressure dominates
Current price: 0.1601
EMA(7) < EMA(25) < EMA(99) → Clear downtrend.
RSI(24): 45.56 → Neutral with a bearish bias.
MACD: Bearish divergence, DIF < DEA although MACD is positive.
High volume, deeply negative OBV → Sellers control the market.
Signal: Prioritize Sell orders if the price breaks support at 0.1574.
1-day timeframe – Long-term decline, RSI oversold
Current price: 0.1598
EMA(7) < EMA(25) << EMA(99) → Strong downtrend.
RSI(6): 18.84 → Deeply oversold, potential for a technical bounce.
MACD: Continuing to weaken, DIF < DEA, MACD negative.
High volume, OBV decline → Selling pressure continues.
Signal: Only consider a Buy order if a reversal is confirmed. Prioritize Sell if the price does not break 0.1642.
3. Trading Scenario & Success Probability
Buy Order (short-term)
Condition: Price breaks 0.1629 (1h timeframe) with increased volume.
Take Profit (TP): 0.1650
Stop Loss (SL): 0.1579
Success probability: ~55–60%
Sell Order (trend following):
Condition: Price breaks support at 0.1574 or 0.1562 (15m/4h timeframe).
TP: 0.1487
SL: 0.1602
Success probability: ~65–70%
Scalping Order (very short-term):
Condition: OBV spikes on the 15-minute timeframe.
TP/SL: Flexible, adjust according to candle strength.
Success probability: ~40% (high risk, suitable only for experienced traders)
4. Conclusion
Preferred strategy: Sell orders following the downtrend (4H and 1D timeframes).
Risks to note: Daily RSI is oversold – potential for a sudden rebound.
Recommendation: Apply strict capital management, combine SL/TP, and monitor volume to confirm signals.
This article is not investment advice. Please take responsibility for your trading decisions.