$MOVE SHORT
Deep oversold conditions on minute timeframes suggest the possibility of a local bounce, however the overall technical picture still gives priority to the bearish scenario. On the lower charts, a noticeable increase in trading volume is observed alongside multidirectional movement in open interest. Sellers still maintain pressure on the quotes, and if the momentum resumes, the asset will move steadily toward the outlined price targets.
🔹Entry zone: 0.00925$
✅Take 1: 0.009102$
✅Take 2: 0.008806$
✅Take 3: 0.00851$
✅Take 4: 0.007955$
✅Take 5: 0.00555$
⛔️Stop: 0.009657$
📈 RSI14: m1 19.7 • m5 34.1 • m15 43.3 • m30 51.5
📊 VOL: m1 $131K • m5 $187.1K • m15 $652.5K • m30 $599.1K
🧲 OI: now $2.9M • 5m +1.6% • 15m -0.5% • 30m +0.2%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#MOVE #Bitcoin #macro 📈
$MOVE
Deep oversold conditions on minute timeframes suggest the possibility of a local bounce, however the overall technical picture still gives priority to the bearish scenario. On the lower charts, a noticeable increase in trading volume is observed alongside multidirectional movement in open interest. Sellers still maintain pressure on the quotes, and if the momentum resumes, the asset will move steadily toward the outlined price targets.
🔹Entry zone: 0.00925$
✅Take 1: 0.009102$
✅Take 2: 0.008806$
✅Take 3: 0.00851$
✅Take 4: 0.007955$
✅Take 5: 0.00555$
⛔️Stop: 0.009657$
📈 RSI14: m1 19.7 • m5 34.1 • m15 43.3 • m30 51.5
📊 VOL: m1 $131K • m5 $187.1K • m15 $652.5K • m30 $599.1K
🧲 OI: now $2.9M • 5m +1.6% • 15m -0.5% • 30m +0.2%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#MOVE #Bitcoin #macro 📈
$MOVE