$MOVR Bullish Recovery in Play! 🚀
$MOVR is trading at 7.258 (+5.49%), showing signs of a strong rebound after a pullback from the day’s high of 7.600. Buyers are stepping back in around the 7.20 zone, aiming for another push toward higher resistance levels. If momentum holds, a breakout above 7.30 could trigger a run toward the recent highs.
Support and Resistance
• Resistance: 7.300 – 7.500 – 7.600
• Support: 7.200 – 7.050 – 6.819
Trade Setup
• Entry Zone: 7.220 – 7.280
• Stop Loss: 7.050
🎯 TP1: 7.350
🎯 TP2: 7.500
🎯 TP3: 7.650
Market Insights
$MOVR is showing a healthy recovery pattern after intraday profit-taking. Sustained buying pressure above 7.20 could signal the next bullish leg, making this a favorable setup for short-term momentum traders.