I’m targeting a short on $MOVE after a sharp 21 percent pump in the last 24 hours. Price stretched fast on penny token volatility, market cap pushed to around 129.6 million, and open interest surged hard. This kind of move often ends with an intraday fade once early buyers start locking profits.
Short entry is set at 0.0458
Target sits at 0.0403 which is roughly a 12 percent drop
This is a momentum fade play, not a long term call
I’m staying sharp here. If buyers lose strength, this can unwind quickly. Manage risk and don’t chase green candles.
MOVE
0.0387
-8.51%
