$MOVR /USDT – Bearish Reversal Setting In! Time to Watch the Drop 👀🔻
Current Price: $7.458 (+3.01%)
Price is rolling over from local resistance near $7.70–$7.75, forming a lower high and confirming weakness with a clean breakdown from $7.60.
Short Setup Alert:
Entry Zone: $7.45 – $7.55
TP1: $7.20
TP2: $6.95
TP3: $6.70
Stop Loss: $7.80
Key Zones:
Resistance: $7.75–$7.79 (24H High)
Support: $7.16 (24H Low)
Market Insight:
This looks like a clear distribution phase post mini-rally. Volume has started to fade while candles are showing rejection wicks and lower closes—classic signs of sellers stepping in.
Pro Tip:
Wait for a retest of $7.50–$7.55 for best entry. Ideal for a short scalp or swing toward previous consolidation zones.
Sellers warming up — time to gear up for the retracement! 🧠📉
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