🕒 Timeframe: 4H | Long-Term Breakout Setup – $MOVE
MOVE is currently retesting a key descending trendline after months of forming lower highs. While a previous breakout attempt in April turned out to be a fakeout, the current tight consolidation near resistance appears far more sustainable — hinting at a potential trend reversal on the horizon. 🔁📈
🔍 Key Levels to Watch:
📌 Resistance (Upside Targets):
$0.1446 → Breakout zone
$0.2265 → Mid-term resistance
$0.3397 → Structural resistance
$0.5449 → Long-term bull target
🛡 Support Zones:
$0.1312 → Immediate support
$0.1173 → Strong long-term base
❗️Suggested Stop-Loss:
Below $0.117 to invalidate breakout structure
📊 Outlook:
Should MOVE break and hold above the trendline with volume confirmation, a strong accumulation breakout could follow. This is not a short-term trade — it’s a longer play often seen in small-cap tokens before explosive upside.
Patience is key. Let the chart confirm before rushing in. 🧠💥
DYOR | Not Financial Advice