One thing that could be done in the future is to have the selection box hidden (or just a basic box) in transform mode.

For better visibility, I am proposing the following:
That the tool be grouped with the Transform Tool such that they would share the same shortcut (toggle).

Or eliminate the Move Tool and adopt something akin to Adobe Illustrator's method of using the Selection Tool or The Direct Select Tool by hiding the artwork bounding box and hiding edges to select tiny objects.

@William-Kansepa The Move tool can only move objects, cannot scale, rotate, skew.
Useful if you don't want to hit the scale / rotate corners when moving around small objects.

I have exclusively been using the Transform Tool only. I have just tried out the Move Tool and indeed the Move Tool is handy in such kind of situations where you need to select and move small items. Thank you @VectorStyler.