Analysis and Recommendation
$MOVE /USDT: Setting up a bullish trade, buyers are dominating the market 💯 🔥
Market Structure: The price has bounced from its lowest point at 0.1312 and is now stabilizing near 0.1332, showing signs of higher lows and reinforcing bullish pressure. The price is likely to head towards the resistance level of 0.1381 if the momentum continues.
Entry Level:
Buy between 0.1330 and 0.1335 on a slight dip.
Stop Loss:
Below 0.1310 to protect against a false breakout.
Target Points:
Target 1: 0.1355
Target 2: 0.1370
Target 3: 0.1385
Trading Analysis:
The recovery from the support level and price stability above 0.1330 indicates that bullish traders are preparing for another attempt to break their recent highs. A clear breakout above 0.1381 could open the way to new highs in the short term.
Buy and trade from here and follow the recommendation...