🔻 $MOVE Bounce Was Loud, But Gravity’s Louder
$MOVE delivered a jaw-dropping leap from $0.1460 to $0.1904, but the fireworks are fizzling out. Signs of fatigue are showing as upper wicks grow longer, and rejection at the highs reveals short-term exhaustion.
📉 Short Setup
Entry Zone: $0.1750 – $0.1780
Stop Loss: Above $0.1845
Targets:
🎯 TP1: $0.1625
🎯 TP2: $0.1520
🎯 TP3: $0.1465
📊 Market Insight
The pump came with a volume surge, but the lack of follow-through hints at speculative buyers retreating. Price action is stalling, and volatility is drying up—hallmarks of a blow-off top. Unless bulls regroup with conviction, a retrace to the breakout base seems inevitable.
🚨 Pro Tip: Watch for confirmations like failed retests of broken levels or a bearish crossover in momentum indicators. Let the price lead you, not your bias.