🔻 $MOVE /USDT – Pressured Near Multi-Day Lows
$MOVE is currently trading at $0.1818, down -7.43%, following a rejection from the upper Bollinger Band. Momentum has shifted bearish as the price hovers just above critical support.
📊 Market Overview
• Current Price: $0.1818
• 24h High: $0.1994
• 24h Low: $0.1799
• 24h Volume:
• MOVE: 20.32M
• USDT: $3.83M
Bollinger Bands (20,2):
• Upper Band: $0.1955
• Middle Band (MB): $0.1868
• Lower Band (DN): $0.1781
MACD:
• DIF: -0.0038
• DEA: -0.0038
• MACD: -0.0001 (flat bearish)
📈 Trade Setups
Bullish Bounce Setup
• Entry: $0.1790–$0.1820
• Targets: $0.1890, $0.1950, $0.2020
• Stop-Loss: $0.1760
Bearish Breakdown Setup
• Entry: Below $0.1780
• Targets: $0.1710, $0.1620
• Stop-Loss: $0.1855
📌 Technical Outlook
• Price is near the lower Bollinger Band, hinting at short-term exhaustion.
• MACD is weakly bearish, lacking conviction—watch for a momentum shift.
• A breakdown below $0.1780 would trigger a bearish continuation, while recovery above $0.1868 (MB) could open upside potential.
Conclusion:
MOVE is in a fragile position near support. Short-term direction will depend on whether buyers step in above $0.1780.
Do you see a bounce incoming, or is MOVE headed for deeper lows?
Let’s hear your take!