Move’s price chaos: Analyzing if it is a bargain or a bear trap

The MOVE token has been impacted significantly by allegations of insider trading, resulting in Coinbase’s suspension of its trading set for May 15, 2025. Following this scandal, the token experienced a decline to $0.15.

Despite the negative market sentiment, some traders are investing in MOVE, viewing it as undervalued. However, the overall market remains bearish until MOVE can break the resistance at $0.252.

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