$MOVE /USDT – Bearish Pullback in Progress!
Momentum Analysis
MOVE/USDT has seen a pullback of -2.92% to $0.4992 after testing the 24h high of $0.5609. The market is experiencing some resistance near the 50% retracement level, and if the selling pressure continues, a further dip could follow.
Long Setup:
Entry Zone: $0.4750 - $0.4850
Targets:
T1: $0.5100
T2: $0.5300
T3: $0.5500
Stop Loss: $0.4600 (below key support)
Breakout Confirmation Level & Key Support
Breakout Confirmation Level: $0.5100 (resistance turning support)
Key Support: $0.4600 (last defense before deeper corrections)
Pro Tip for Traders:
Watch for a clear confirmation of support at $0.4750. If the price consolidates above this level, it could trigger a short-term rally. Use tight stop-losses to manage risk.
Relevant Hashtags: