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$MOVE is facing resistance on the upside, and sellers are starting to exert effort in key areas.
Go short now $MOVE
Entry: 0.02650 – 0.02680
Stop Loss: 0.02730
Take Profit 1: 0.02540
Take Profit 2: 0.02450
Take Profit 3: 0.02252
The strong upward momentum has encountered a solid resistance wall, and buyers are hesitant to chase higher. The RSI has reached an extreme overbought zone, indicating the market is overheated. The price is stalling at a critical level, and selling pressure is gradually increasing, with liquidity feeling heavy. If the current resistance cannot be effectively broken, it is likely to attract a large number of short positions, leading to a short-term trend reversal and a deep correction.
Trade $MOVE here 👇