$MOVE /USDT is trading at 0.0437 and the 24h change is -2.02%, indicating a steady bearish drift in the price. The chart slope is smooth downward, candles are continuously sliding downwards, and both MA7–MA25 are maintaining a strong bearish channel. MA99 stands as major dynamic resistance at 0.0447. Interestingly, the sentiment appears heavily bullish-side as 68% of the buyers are active in the order book — indicating downward pressure, but accumulation is quietly growing.
Support is very close to the 24h low at 0.0436, from where the price has also given a micro-reaction. This zone could become an important turning point for a short-term reversal. Resistance above is at 0.0440 – 0.0442, but the major wall is standing in the zone of 0.0447 – 0.0450 with sellers being aggressively active.
If the 68% buyer imbalance is sustained and support holds, then the target for a quick bounce seems achievable at 0.0440 – 0.0444. For scalpers, this could create a perfect “oversold micro-push” setup.
