Trading Signal Alert: $MOVE /USDT
📈 Time Frame: 15-minute chart
💵 Current Price: $0.6927 (-20.87%)
Market Overview:
The MOVE/USDT pair is showing significant volatility with a sharp decline of over 20%. The price recently tested a low of $0.6400 and rebounded slightly but remains under pressure. The RSI(6) at 59.06 suggests moderate momentum with potential for either further consolidation or a breakout.
Key Levels:
Resistance: $0.7110, $0.7933, $0.8643
Support: $0.6400, $0.6287
Trading Plan:
Entry: $0.6927
Take-Profit Targets:
1. $0.7110
2. $0.7933
3. $0.8643
Stop Loss: $0.6200
Cautionary Note:
Traders should monitor volume and momentum for confirmation of stability or a potential breakout. Risk management is essential in this highly volatile environment.