šØ $MOVR /USDT ā Bullish Pullback or Breakdown? š„
Current Price: $5.930 (+3.73%)
Strong spike followed by correction ā now in decision zone.
š Market Structure:
$MOVR rallied to $6.249 and faced immediate rejection. Price is hovering at a potential higher low, but weakness under $6.00 could trigger further downside.
š Key Levels:
Resistance: $6.00 ā $6.25
Support: $5.85
24H Range: $5.691 ā $6.249
šÆ Trade Setup:
Long Entry Zone: $5.88 ā $5.94 (if support holds)
TP1: $6.10
TP2: $6.25
SL: $5.85
šØ OR
Short Entry (if breakdown): Below $5.85
TP1: $5.70
TP2: $5.50
SL: $5.98
š” Pro Tip:
Wait for a breakout above $6.00 with strong volume OR a clean breakdown below $5.85 before committing ā this is a tight squeeze zone.
āļø Decision time for $MOVR ā play the breakout or the breakdown with discipline! šÆš
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