However, following this surge, a sudden pullback occurred, and the coin is currently trading at $0.53. Although it touched important resistance levels, it couldn’t manage to close above them, leaving room for a potential price retracement.

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We could potentially see a retracement down to the FVG region created during the last surge. With support from this level, we might observe another move towards the $0.555 level. If the FVG region is lost, a further decline could occur, potentially reaching $0.45.

Key levels to watch for MOVE investors:

• $0.55 (FVG region) – Critical support for upward movement
• $0.45 – Potential decline level
• $0.65 – Resistance level

MOVE coin is approaching critical technical levels, with potential for retracement and upward movement from support. However, it’s important to remain cautious about potential breakout points.

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The post MOVE Rejected by Resistance: Where Are the Major Support Levels? appeared first on Coin Engineer.