$MOVE Turn Strong Rise: Price Structure Supports Ongoing Trend

$MOVE is showing a very positive price rise reaction, with momentum improving significantly over time. After successfully holding the nearest support zone, the price has rebounded strongly, indicating that the buyers are returning to the market with proactivity and decisiveness.
Observing the current price structure, it can be seen that the short-term trend is leaning towards the possibility of a continued rise, as long as the current momentum is maintained and the price does not break through the important support area.
📊 Structure and Momentum Analysis
• The price has escaped the correction phase and formed higher lows.
• The buying force becomes clearly evident when the price touches the support zone.
• The momentum rise is maintained steadily, with no signs of sudden weakening.
This indicates that the market is being controlled by the buyers, and the current small corrections may only be technical before the price continues to rise.
📈 Trading Scenario (Long Position)
→ Entry zone: 0.0340 – 0.0352
🎯 Take profit levels:
• Goal 1: 0.0365
• Target 2: 0.0380
• Goal 3: 0.0400
⛔ Stop loss: 0.0318
This setup shows a fairly reasonable risk/reward ratio, suitable for a trend trading strategy when momentum is supporting the bulls.