🚀$MOVE /USDT – Breakout or Bull Trap? Let's Decode the Setup! 🧐

📊 Current Price: $0.1505

⏰ Timeframe Observed: 1H & 4H

🟢 24H Change: +1.21%

📈 24H High: $0.1563 | 📉 24H Low: $0.1346

📊 Volume Spike: 63.73M MOVE traded

🔍 1H Chart Observations:

✅ Price action has reclaimed the 20 EMA, currently holding above the support zone at $0.1500, signaling short-term buyer interest.

✅ MACD shows slightly bullish crossover momentum with histogram turning green.

✅ RSI stands at 52.21, reflecting a healthy neutral bias—neither overbought nor oversold.

🔍 4H Chart Observations:

⚠️ Recent recovery from $0.1346 low shows promising bounce structure.

🟢 EMA 20 and 50 Cross is neutralizing, hinting at a possible EMA flip if bullish continuation follows.

💠 MACD still below zero, but histogram is narrowing—possible early reversal signs.

📉 RSI (48.24) is approaching midpoint – watch for breakout above 50 to confirm bullish momentum.

🔄 TRADE STRATEGY PLAN

🔵 Bias: Bullish leaning (Cautiously Optimistic)

📍 Entry Range: $0.1485–$0.1505

🎯 Target 1: $0.1560

🎯 Target 2: $0.1610

🔻 SL (Stop Loss): $0.1445

If BTC stabilizes and $MOVE holds 0.1490+ for the next few candles, price may retest highs and even break resistance zone around 0.1563. Wait for volume confirmation for safer entry.

📌 Pro Tip:

Avoid chasing green candles—wait for a retest of the 20 EMA (1H) or support retouch for a better entry. $MOVE is in consolidation to breakout phase.

🧠 "Great traders act on structure, not emotion. Patience is a position." 💡

⚠️ This post is for educational purposes only. Crypto markets are volatile—DYOR before investing or trading.

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