$MOVE Early signs of bullish reversal are emerging from day trading support 🚀
Bounced from the local low of 0.1768 and is now consolidating near 0.1833, slightly above the average level (AVL 0.1828).
The MACD has started to turn positive with green histogram bars, while prices are trying to regain their short-term moving averages (MA5 and MA10).
If the volume continues and surpasses 0.1850, the slight bullish trend may gain momentum.
Trade Setup:
🟢 Buy trade signal
Entry Point: 0.1825 - 0.1835
Stop Loss: 0.1795
Take Profit: 0.1885 / 0.1920
Market Outlook:
Prices have stabilized after a sharp drop from 0.2000, forming a potential short-term reversal pattern. The bullish crossover of the MACD and prices recovering above 0.1828 may indicate a return of strength. Caution is advised near resistance areas.
Buy and trade here on $MOVE
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