🔻 $MOVE /USDT – Bears Gaining Control After Fakeout! 🚨
$MOVE pumped aggressively to 0.2025 but quickly lost steam. Price is now trading at 0.1810 with back-to-back bearish candles, signaling a potential trend reversal. Momentum has shifted — this looks like a classic bull trap!
📉 Short Trade Setup:
• Entry Zone: 0.1790 – 0.1825
• Target 1 (TP1): 0.1750
• Target 2 (TP2): 0.1700 ✅
• Stop Loss (SL): 0.1875
📊 Technical View:
Lower highs forming with increasing sell volume. Breakdown from key support confirms bearish continuation.
⚠️ Risk Note:
Keep SL tight — if bulls reclaim 0.1850+, bias may flip quickly.
🔍 Strategy Breakdown:
After the fake breakout to 0.2025, the price sharply rejected and failed to hold above key resistance. This setup targets the retracement move, riding bearish momentum with risk managed above recent swing highs.
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