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$MOVE
MOVE is showing a healthy rebound structure after dropping toward the 0.01135 support area. Price is now back near 0.01198 and attempting to stabilize around the moving averages.
The important point here is that sellers pushed price lower, but buyers reacted strongly from support. That bounce created a potential higher-low formation, which is often the early stage of a trend reversal.
MOVE is currently close to MA5, MA10, and MA20, showing compression. When price compresses near moving averages after a bounce, it usually means the market is preparing for the next directional move.
The first resistance is around 0.01220. If MOVE breaks and holds above that level, the next upside targets are 0.01260 and 0.01324.
As long as 0.01135 remains protected, the bullish recovery structure stays valid. MOVE looks like a strong watchlist setup for continuation if volume starts increasing.
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