$MOVE USDT CONSOLIDATING BELOW 0.02500 – BREAKOUT BUILDING?
$MOVE is trading around 0.02441, holding above the 0.02400 support zone after a mild recovery. Price is compressing just below the 0.02500 resistance, suggesting a potential volatility expansion soon.
Market Insight:
Structure remains slightly bullish while above 0.02350. A clean breakout above 0.02500 can open room toward higher liquidity zones. Failure to hold 0.02350 may shift momentum short term.
Entry:
Pullback: 0.02380 – 0.02440
Breakout: Above 0.02500
Targets:
TP1: 0.02500
TP2: 0.02650
TP3: 0.02800
Stop Loss:
Below 0.02300 (structure invalidation)
Key Levels:
Support: 0.02400 – 0.02350
Resistance: 0.02500
Pivot: 0.02440
Pro Tip:
Tight consolidation near resistance often leads to sharp moves. Wait for a strong candle close above 0.02500 with volume confirmation before increasing position size.