$MOVE /USDT UNDER PRESSURE – CRUCIAL SUPPORT TEST IN PLAY ⚠️📉

MOVE is trading at $0.1743 (-2.73%), facing a sharp decline after failing to hold above $0.1815 (24h high). Price is now testing a critical support zone near the 24h low of $0.1731, and the market may soon decide between a rebound or further breakdown.

🔍 Key Technical Levels

Current Price: $0.1743

24h High: $0.1815

24h Low: $0.1731

Resistance Levels:

$0.1765 – First resistance on recovery

$0.1790 – Key trend resistance

$0.1815 – Breakout confirmation

Support Levels:

$0.1730 – Immediate support

$0.1680 – Major structural support

📈 Trade Setup – Reactive Play

Long (Only on bounce)

Entry Zone: $0.1730–$0.1745 (watch for 15m or 1H bullish confirmation)

TP1: $0.1765

TP2: $0.1790

TP3: $0.1815

Stop Loss (SL): $0.1690

Short (If breakdown occurs)

Entry: Below $0.1725 (on high volume break)

TP1: $0.1700

TP2: $0.1680

SL: $0.1750

📊 Market Insight

MOVE is in a downward pressure channel, and current volume ($3.33M) is relatively low, which may hinder a strong reversal.

A clean break below $0.1730 with increased volume could open a drop toward $0.1680.

However, if $0.1730 holds and bounces, short-term traders may catch a quick scalp toward resistance zones.

✅ Risk Management

Only risk 1%–1.5% of capital.

Be quick to exit on invalidation — this is a volatile zone.

Confirm with candlestick patterns and volume spikes before acting.

💡 Summary: $MOVE/USDT is in a critical decision zone at $0.1730–$0.1745. A bullish reversal could offer a bounce toward $0.1815, but a breakdown could accelerate selling toward $0.1680. Stay alert and trade only on clear confirmation.

Patience pays when the chart is undecided. React, don’t guess. 📉📊📈

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