MOVE - Movement, will it be so? 📊 MOVE/USDT Technical Analysis 🔍
The chart indicates that the asset is in a consolidation phase after a strong downtrend. Currently, the price is approaching a key resistance level, defined by the descending trendline. Let’s analyze the key points to watch:
🔹 Support and Resistance Levels (Possible
Move short to $0.1575Entered #move short just now
Might get some drawdown, entry is a bit aggressive but the stoploss of $0.1773 might be enough as the supply dump from earlier was quite aggressive so there's a good chance the market will react similar again.
Plus heard they had an airdrop today which might have been
$MOVE Setup Looks Clean – Support Holding Strong!!TVC:MOVE busted out of the downtrend and is currently testing the resistance trendline as a support line✅
Price is remaining at the level of the 0.236 Fib and resting on a pivotal area the retest has the potential to prepare the ground for the next leg up to $0.24+.
DYOR, NFA
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.