Technical Analysis; $MOVE
Support and Resistance: Support at $0.45 provides a safety net, while resistance at $0.65 is the immediate hurdle. A breakout above $0.65 could open the door to higher levels.
Indicators: The RSI being overbought suggests caution, but the bullish MACD reinforces the short-term upward trend. The price’s recent 14.91% increase over the last 7 days (despite a -15.41% drop over the past month) indicates a possible trend reversal.
Volume: A 24-hour trading volume of approximately $99 million supports adequate liquidity for entering and exiting positions.