March 02: 04 .Technical analysis indicates that MOVE is consolidating within a rising wedge pattern, suggesting a potential breakout. Key support levels are identified at $1.12 and $1.07, while resistance levels are projected at $1.41 and $1.53.
Recent developments include Binance's identification and freezing of $38 million in profits from a market maker accused of unauthorized token sales. The Movement Network Foundation plans to use the recovered funds for a buyback program to enhance the MOVE ecosystem.
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