$MOVE on the Move: Bounce or Breakout? 🔥
$MOVE /USDT Daily Chart Snapshot
📈 Price Now: $0.1366 (+16.85%)
📅 Chart: 1D timeframe
📉 Trend: Long-term down, short-term pump
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📊 What’s Happening?
After a long slide,
$MOVE just fired up with a big green candle — almost +17% in one day! But don’t FOMO just yet...
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🔍 Quick Breakdown:
Above MA7 ($0.1293): First time in weeks ✅
Next Target – MA25 ($0.1415): Key level to flip the trend
Heavy Resistance – MA99 ($0.2470): Needs strong momentum to reach
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🔥 Bullish Signs:
First strong candle since May
RSI likely oversold = bounce potential
Daily close above $0.14 could flip the short-term trend
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⚠️ Caution Flags:
Trend is still bearish overall
No breakout from the falling wedge yet
Volume needs to support this move
Could just be a dead cat bounce
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🧠 Smart Strategy:
Short-term traders: May target $0.16–0.17, but use tight stop-losses
Conservative bulls: Wait for a close above $0.15 and some consolidation
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🔐 Key Price Zones:
Resistance: $0.1415 / $0.1650 / $0.20
Support: $0.1290 / $0.1150 / $0.10
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💡 Watch for continuation + volume — that’s what could push
$MOVE toward $0.18+. But for now, the main trend is still down. Be smart, not emotional.
📢 Not financial advice – always DYOR.
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