$MOVE /USDT: Steady Decline – Critical Levels in Focus
$MOVE is currently trading at $0.7534, down by 8.72%, reflecting bearish pressure over the last 24 hours. After peaking at a 24-hour high of $0.8496, the coin has entered a downward trend, hitting a low of $0.7507. The consistent decline indicates growing selling pressure, with significant trading volume of 32.28M MOVE, suggesting cautious market sentiment.
Key Levels to Watch:
Support: The immediate support lies at $0.7500, a critical level to hold to prevent further decline. A break below this could lead the price toward $0.7300.
Resistance: On the upside, resistance is at $0.7800. A recovery above this level could signal a potential rebound toward $0.8000 and beyond.
Traders should approach cautiously, watching for a confirmed bounce from the support zone or further selling pressure below key levels for new opportunities. MOVE is at a decisive stage, making it crucial to monitor closely for any signs of reversal or further decline.
