🚀$MOVE /USDT – Steady Climb or Fakeout? Let’s Break It Down🤔🔐🔑
💰 Current Price: $0.1336
🕒 Timeframes Analyzed: 15M & 4H
📊 Trend Bias: Recovery Mode | Testing Resistance
🔍 Chart Breakdown:
✅ On the 15-minute chart, $MOVE is forming a bullish micro-structure with higher lows. Strong support at $0.1321, showing resilience above the 20 EMA.
✅ On the 4H chart, price is attempting to flip the 20 EMA (~$0.1318). But it still faces heavy resistance at $0.1386 (MA50).
📊 MACD on both charts is building upward pressure with green histogram bars.
📈 RSI (4H) at 51.11 indicates room for upside before overbought levels.
🎯 Trade Setup (Range-Break Strategy):
📌 Entry Zone: $0.1315–$0.1330 (EMA support retest)
🎯 Target 1: $0.1360
🎯 Target 2: $0.1390
🛑 Stop-loss: $0.1290 (below support zone)
📅 Trade Duration: 1–6 hours (Scalp to Intraday)
📌 Why Cautiously Bullish?🤔💥
Short-term EMA support holding strong
Momentum indicators are positive
4H still has a hurdle to cross above MA50
Watch for volume confirmation above $0.1345
🙋♂️ What do you think traders?
Is $MOVE gearing up for a breakout or facing another rejection near resistance?
💬 Drop your thoughts in comments 👇
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🔐 This is not financial advice. Please do your own research before investing.
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