$MOVE /USDT 4H Trade Setup
Market Insight:
$MOVE is up +16.83%, showing strong momentum as it tests the local resistance at 0.1930. A breakout with volume could lead to continuation, but caution is warranted near resistance.
🔹 Entry Zone:
0.1825 – 0.1884 (ideal pullback entry zone if price consolidates)
Watch for bullish confirmation on retest of 0.1884
🎯 Targets:
Target 1: 0.2000
Target 2: 0.2140
Target 3: 0.2290
🔻 Stop Loss:
Below 0.1760 (invalidate the bullish setup)
🔑 Key Levels:
Resistance: 0.1930 / 0.2000
Support: 0.1825 / 0.1760
Pivot Level: 0.1884
💡 Pro Tip:
If MOVE breaks above 0.1930 with volume and retests it successfully, aggressive traders can consider a breakout entry targeting 0.2140+. However, managing risk around the stop zone is crucial due to the recent sharp move.
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