🔻 $MOVE # /USDT – Short Setup Analysis

Current Price: $0.1780

24h Change: –3.31%

🧠 Technical Context

Reclaimed Support: Price bounced from a previous support zone, but faced rejection near resistance, indicating weak bullish momentum.

Retest in Play: The current level acts as a retest zone; if bulls fail to defend it, the setup favors bears.

Bearish Candles: Presence of rejection wicks and a slowing volume push implies supply pressure is outweighing demand.

📉 Short Trade Plan

🔹 Entry: $0.1781

🔻 Target (TP): $0.1761

🔺 Stop Loss (SL): $0.1793

Risk:Reward Ratio: ~1.66R – decent for a scalp or micro-swing

🧐 What to Watch

A 4H candle close below $0.1780 with weak buying pressure = good confirmation.

Volume declining on bounce attempts = bearish confirmation.

If RSI (on lower timeframes like 15min–1H) diverges negatively or trends below 50, it adds strength to the short.

⚠️ Invalidation

If price reclaims and holds above $0.1795–$0.1800 with bullish volume, consider invalidating the short as it may trap late bears.#NODEBinanceTGE #BTC110KToday? #BinanceHODLerSAHARA #BinanceAlphaAlert