$MOVE Bounce from the Abyss Can #MOVE Defy the Headlines❓❓❓
Despite recent negative press and volatility warnings, $MOVE is showing surprising resilience. After a sharp reversal from the 0.1110 bottom, price surged and is now consolidating just under local highs forming a bullish flag on the 4H chart. This setup could trigger continuation if broken cleanly.
Long Trade Setup:
• Entry Zone: 0.1600 – 0.1620 (on retest)
• TP1: 0.1720
• TP2: 0.1835
• Stop Loss: 0.1500 (below consolidation range)
Market Insight:
MOVE is fighting against strong downtrend history, but volume is climbing and short-term sentiment has shifted. A clean break above the 0.1717 resistance may open the gates for a rapid move upward. Risk is elevated, but so is reward a classic rebound play off fear.