$MOVE is showing strong bullish energy today. Price is up 11% in just 9 hours, backed by high volume and strong technical signals.
What’s driving it?
New CEO and L1 transition are boosting long term confidence.
Monza upgrade cut latency to 1 second, TVL jumped 61%, and DEX volume surged 10x.
Short term trend is bullish with EMAs crossing up and positive momentum.
What to watch out for?
Some whales are selling (over $164k outflows), likely taking profits.
RSI near 74 shows MOVE is overbought, so a pullback or sideways move is possible.
Trend & next move:
Momentum is bullish, but short term cooling or consolidation would be healthy. If volume stays strong and selling pressure slows, MOVE could continue higher. Otherwise, expect volatility.
Market sentiment stays positive, with many seeing MOVE as a long term 2026 play due to ecosystem growth.
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