Trading Signals for $MOVE Scalping

Action: Long and Short Positions

Entry Range:
Long Position: $1.03 - $1.06
Short Position: $1.09 - $1.11

SL:
Long: 1.01
Short: 1.13

TP:
Long: $1.12 - $1.15
Short: $1.03 - $1.00

MOVE is currently consolidating within a tight range of $1.02 - $1.10, following a high volatility period earlier this month. The price has demonstrated significant resistance near $1.10 and strong support around $1.02. The current consolidation could indicate a potential breakout in either direction. For scalping, capitalize on the current range with quick entries and exits.

The Volume/Mkt Cap ratio of 15.79% suggests a reasonable trading activity for intraday opportunities. With the 24h volume at $382.61M (down 53.36%), scalping may favor smaller moves. Be cautious of any deviation from the range, as it might signal a trend reversal.

Long: Ideal for entering after price nears support levels around $1.03-$1.06, targeting a breakout towards $1.12.
Short: Best to enter near resistance at $1.09-$1.11 for a pullback to $1.03 or lower.

Risk Management: Set tight stop-losses (0.5%-1.5%) to protect capital and avoid losses during unexpected volatility spikes. Monitor for any sudden changes in volume or price patterns.

🥂Trade Here👇$MOVE

🚨Note: Trade at your own risk. DYOR (Do Your Own Research).

#BTC100KTrumpEffect #BinanceMegadropSolv #BullCyclePrediction #MicroStrategyAcquiresBTC $BTC

If you find this information helpful, feel free to send a tip! Click the $ icon below. 😊