$MOVE is showing strong momentum on the chart.

Price is trading near 0.0437 with a solid move of around 14 percent on the day. The rally started from the 0.037 area where buyers stepped in strongly and pushed price up with clear conviction. This was not a slow grind it was a fast expansion that caught attention.

Price briefly spiked toward the 0.059 zone showing aggressive buying pressure. After that a pullback came in which is normal after such a sharp move. Now the market is stabilizing and looking for direction.

The key support zone to watch is between 0.040 and 0.038. As long as $MOVE holds above this area the structure remains bullish and healthy. This zone is important because it shows where buyers are willing to defend.

On the upside the 0.046 to 0.048 area is the next resistance. A strong hold and breakout above this range could open the path for another push toward the highs.

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