MOVE (Movement) Just Rallied Hard — But Is a Pullback Brewing? 📉
Here’s what the charts and data are showing right now:
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🔥 Price & Volume Surge
Price spiked +38–41% today, trading around $0.159–$0.161, up from ~$0.114 this morning .
Market cap now sits near $415M, with $360M+ volume in the past 24 hours .
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📉 Technical Alert: Potential Exhaustion
1D & 4H RSI: Peaked near overbought levels — a sign momentum might pause .
MACD & EMA: Still bullish, but divergence could signal a cooldown coming up.
Recent high: ~$0.1657; a rejection here may trigger a short-term drop.
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⚙️ Market Signals & Risks
Kraken & Crypto.com report consistent volume (~$180M–$370M range) — strong interest remains .
Binance Square advisory warns about sell pressure from unlocks or internal volatility .
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📌 Gameplan Strategy
✅ If you're already in: Consider locking in partial profits near $0.165–$0.17 resistance.
🟢 Watching the dip? A short-term pullback to $0.14–$0.15 could offer a second entry in this uptrend.
⚠️ Stop-loss zone: A break below $0.13 may signal deeper retracement before next leg.
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🎯 Final Take
Yes — MOVE is showing strong momentum today.
But overbought conditions and potential unlock pressures mean a cooldown before farther upside is likely.
If you’re riding the wave, stay sharp.
If you're eyeing an entry, watch support and wait for confirmation.
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