$MOVE
🚀 $MOVE/USDT Potential W-Bottom Formation Alert!
Current Price: $0.1643 (-7.02%)
Key Levels:
- Support: $0.1629 (24h low)
- Resistance: $0.1702 (first hurdle)
What We're Watching:
✔ Possible W pattern forming near lows
✔ Needs strong bounce from $0.1629 area
✔ Volume remains weak (112K vs 3.8M MA5)
Breakout Scenario:
1. Confirmed bounce at $0.1649
2. Break above $0.1662 confirms pattern
3. Targets: $0.170
Caution:
- Failure to hold $0.1629 = bearish continuation
- Requires volume confirmation
Trade Plan:
- Long only if $0.1702 breaks with volume
- Stop below $0.1625
This could be the reversal play we've been waiting for!
👇 Drop a 🔥 if you're watching this setup!