MOVEUSDT Long-Term Downtrend Line – Breakout or Downside Ahead?MOVE / TetherUSBINANCE:MOVEUSDTCryptoNuclear📊 MOVE/USDT Chart Analysis (1D Timeframe) On the daily chart, MOVEUSDT has been locked in a strong downtrend since early 2025. The dominant descending trendline (yellow) clearly outlines the continuous selling pressure, with a series of lower highs and lower lows. Price is currently trading just below this trendline and hasn’t confirmed a breakout yet. However, there are signs of accumulation in the lower zone, indicating a possible trend reversal if a breakout is confirmed. --- 📌 Identified Pattern A descending triangle has formed in the medium term, though its bearish momentum seems to be weakening. A potential double bottom pattern may be developing near the $0.1200–$0.1300 support area. --- 📈 Bullish Scenario If the price manages to break above the descending trendline and close above the key resistance at $0.1841, we could see a bullish continuation toward: Target 1: $0.2200 Target 2: $0.2465 Target 3: $0.4018 Further upside could aim for Fibonacci retracement levels like $0.6170, $0.8188, and potentially $1.1246 if volume confirms the breakout. A strong bullish confirmation would come with high volume and a daily candle close above the trendline. --- 📉 Bearish Scenario If the price gets rejected at the trendline again and breaks down below the $0.1200 support: Next support levels to watch: $0.0900 Followed by $0.0650 and $0.0490 if bearish momentum increases. A breakdown below these zones may signal a continuation of the long-term downtrend. --- 💡 Conclusion MOVEUSDT is at a crucial decision point. A breakout from this long-standing downtrend could trigger a significant trend reversal, while another rejection might continue the bearish cycle. Watch for volume spikes and daily closes above the trendline to confirm the next move. #MOVEUSDT #CryptoChart #TechnicalAnalysis #CryptoBreakout #AltcoinWatch #TradingStrategy #DescendingTrendline #FibonacciLevels #CryptoSupportResistance #BullishSetup #BearishSetup