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txd102023
txd102023
$MOVE (Movement) Technical View Current trend: Bearish long-term, but showing signs of stabilization after a massive decline from its $1.45 all-time high. The token is still trading far below major moving averages and remains under pressure from ongoing token unlocks and supply expansion. Key levels: * Support: $0.018–0.020 * Strong support: $0.017 * Resistance: $0.021–0.023 * Major resistance: $0.028–0.032 Bullish case: * Price has bounced roughly 20% from its recent lows. * RSI has recovered to neutral territory, suggesting selling pressure is easing. * A break above $0.023 could trigger a move toward $0.028–0.032. Bearish risks: * The overall trend remains down. * Large token unlocks continue to create potential sell pressure. * Failure to hold $0.018 could send MOVE back toward recent lows. My trading view: * Aggressive buy: $0.018–0.020 * Stop loss: below $0.017 * First target: $0.023 * Second target: $0.028–0.032 For investors, I would not chase green candles here. MOVE is still in a long-term downtrend, so buying near support is much safer than buying after a breakout. Rating: * Short-term (1–2 weeks): Neutral to Bullish * Medium-term (1–3 months): Neutral * Long-term (6+ months): Bearish until price reclaims the $0.03–0.04 zone. Good luck my frens

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