📈 MOVE/USDT – Bullish Pennant Breakout Setup (1H Chart)
🔍 Chart Breakdown:
Strong bullish flagpole formed on June 24
Now consolidating in a bullish pennant structure
Volume is declining — a typical sign of breakout preparation
Currently testing the apex zone (~0.1776)
🟩 Entry Zone: ~Now or .1702
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🎯 Targets:
TP1: $0.1858
TP2: $0.1958
TP3: $0.2080
🟥 Stop Loss: Below pennant support (~$0.1752 or $0.1603 for wider SL)
📊 Volume: Holding above 822K — healthy for continuation
📌 Confirmation: Wait for a breakout candle above resistance with strong volume
🧠 Technical Insight:
Bullish pennants statistically succeed ~60% of the time. With this setup, a breakout could mirror the previous move — targeting up to +15% upside.
⚠️ Reminder: Monitor BTC/ETH direction, as overall market sentiment will impact altcoins like MOVE.
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