$MOVE is under heavy selling pressure after failing to hold above 0.0798. The price is consolidating near 0.0756 support, and a decisive break below this level could trigger a rapid decline. Bears are in control—momentum traders should prepare for a fast move down.
Entry Zone (Short): 0.075 – 0.0765
Take Profit 1 (TP1): 0.072
Take Profit 2 (TP2): 0.070
Stop Loss (SL): 0.0785
Market Outlook:
Key resistance at 0.0780 – 0.0798 is holding strong, while support at 0.0756 – 0.0743 is under pressure. Volume spikes on the downside could accelerate the drop toward 0.072 and 0.070. Trend is firmly bearish—early shorts could capture a rapid downswing.