$MOVE pumped very strongly from the 0.036 โ 0.037 area and quickly pushed up to around 0.0445, showing aggressive buying and strong momentum. After this fast move, price is now holding near the top and trading around 0.044, which means buyers are still in control. The main resistance zone sits near 0.045 โ 0.046, where price may slow down. On the downside, the first support is around 0.041 โ 0.040, which was the breakout area, and below that 0.038 is a stronger base support. After such a clean breakout, price often retests support before deciding the next move.
This is not a reversal trade, but a continuation-style scalp after a strong breakout. Momentum is still positive, but price is a bit stretched, so patience is important. If support holds, another push toward resistance is possible. Invalidation is clear โ if a strong 15-minute candle closes below 0.038, the long idea is wrong and strength is lost. Trade calmly, secure profits early, and donโt chase green candles.
Scalp Trade Plan
Long
Entry Zone: 0.041 โ 0.040
TP1: 0.044
TP2: 0.046
Stop Loss: 0.0375
Leverage: 20x โ 40x
Margin: 2% โ 5%
Risk Tip: Book partial profit at TP1 and trail stop to entry
Long
#MOVE Here ๐๐๐