FxWirePro- Major Crypto levels and bias summary 
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FxWirePro- Major Crypto levels and bias summary 
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Movement is a network of modular move-based blockchains, representing the next generation of blockchain technology. It powers the fastest and most secure layer two solutions on Ethereum.
MOVE ETF Filing
REX-Osprey has filed with the SEC to list a MOVE ETF, looking to introduce the Movement ecosystem to U.S. investors via traditional financial channels. Following the launch of Movement's Public Mainnet Beta, which has already secured $250 million in Total Value Locked (TVL), if approved, the ETF would allow investors to gain exposure to MOVE through standard brokerage accounts and retirement accounts, which could drive institutional investment into the Movement ecosystem.
Mainnet Beta Launch and Infrastructure
The Movement Network, a layer-2 Ethereum network based on MoveVM technology, seeks to maximize smart contract efficiency and security. The Public Mainnet Beta launch features permissionless deployment of smart contracts, full user onboarding, and Ethereum settlement with a canonical Movement bridge facilitated by LayerZero. This infrastructure enables assets like MOVE, USDT, USDC, wBTC, and wETH to be bridged to the Movement chain, a major step toward integrating MoveVM into the Ethereum ecosystem
Trading Insights and Future Predictions
MOVEUSD is consolidating after a minor pullback. Any daily close above $2 confirms further bullishness. The pair holds above the short-term (34 and 55 EMA) and long-term moving averages on the 4-hour chart. It hit a low of $0.4410 yesterday and is currently trading around $0.50. The bullish invalidation can happen if the pair closes below $0.30 On the lower side, the near-term support is $0.44; any close below will target $0.37/$0.30. The pair's near-term resistance is around $0.5500, and any breach above confirms minor bullishness. A jump to $0.60/$1/$1.50/1.50/1.75/$1.90 is possible. A surge past $2 will take it to 2.50/2.50/3.
Investment Strategy
It is advisable to buy on dips around $0.40 with a stop-loss around $0.28 for a target price of $1/$1.50.
