$MOVE / USDT (Movement)
Current price around 0 point 019 to 0 point 021 USDT with small recovery but overall weak trend �
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Step by step analysis
#Market trend
Overall trend still bearish on higher timeframe with moving averages showing downside pressure �
Binance
#Support zone
0 point 018 first support
0 point 016 major support near all time low area �
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Resistance zone
0 point 022 first resistance
0 point 025 strong resistance
0 point 028 breakout resistance
Indicators
#RSI near neutral showing weak momentum not strong bullish �
#Volume increased recently showing short term activity spike �
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Short term outlook
Market slightly bullish bounce but overall structure still weak
Break above 0 point 022 can push higher
Failure may drop back to support
Trade setup
Entry
0 point 0185 to 0 point 0205
#Take Profit
TP1 0 point 022
TP2 0 point 025
TP3 0 point 028
Stop Loss
0 point 017
Alternative short setup
Entry
0 point 022 to 0 point 024 rejection
Take Profit
0 point 020
0 point 018
Stop Loss
0 point 026
Conclusion
MOVE is high risk low cap coin still in recovery phase better for quick trades only wait for strong breakout above 0 point 025 for confirmation of trend reversal