🔻 $MOVE /USDT – Potential Breakdown from Distribution Zone
$MOVE /USDT is showing signs of weakness after forming a consolidation box near local highs around 0.1796–0.1904. This range resembles a distribution zone, and price is now pushing against the lower boundary of the box. A breakdown below 0.1790 could trigger a short-term bearish wave.
📉 Bearish Trade Setup:
• Entry: 0.1790 – 0.1796
• Take Profit 1: 0.1545
• Take Profit 2: 0.1350
• Stop Loss: 0.1904
If price breaks the consolidation range with momentum, expect a retest of key support levels. Watch for volume confirmation before entry.
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