$MOVE /USDT – Weak Momentum Below Key MAs

Current Price: $0.1967 (▼ -1.75%)

Category: Monitoring

⚠️ Bearish Bias – Likely to Drift Lower

$MOVE is trading below its key moving averages (especially the MA(99) at $0.2160), indicating bearish sentiment. Despite a recent bounce from the 24h low ($0.1874), price action remains weak.

Trade Setup (Short Bias or Cautious Entry):

Entry (Short): $0.1980 – $0.2000

TP1: $0.1900

TP2: $0.1840

SL: $0.2065

Key Points:

Price consistently below MA(7), MA(25), and MA(99) — classic bearish setup

24h volume decent, but price action isn’t showing strength

If it breaks below $0.1870 support, a fast move to $0.1800 is possible

Avoid long unless it reclaims $0.2040 with volume

Watchlist Tag: Weak trend — potential breakdown candidate if BTC dips or momentum stays flat

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