$MOVE remains in a bearish trend below the recent swing equilibrium, despite a minor rebound from recent lows. Resistance around 0.0335 is crucial for determining whether a reversal or continued downtrend occurs.
Currently, price is testing 0.0335, with additional supply near 0.0345. A failure to hold above 0.0335 could push $MOVE back to support at 0.0323. Only a decisive close above 0.0335 with strong bullish momentum would suggest a potential reversal, while rejection here points to further downside toward 0.0323.
