⚙️ $MOVR /USDT – L1 Token Testing Support! Breakdown or Bounce Loading?
$MOVR is trading at $5.63, down -4.43%, now sitting below all key moving averages (MA7: $5.688, MA25: $5.843, MA99: $5.785). It's testing the critical $5.52–$5.49 support zone. With fading momentum, but strong L1 fundamentals, traders should prepare for a potential volatility spike.
---
📊 Short-Term Trading Plan (Scalp):
🔹 Entry: $5.60–$5.63
🔹 Stop-Loss: $5.45
🔹 Take-Profit Targets:
• TP1: $5.78
• TP2: $5.95
• TP3: $6.05
---
📈 Long-Term Swing Plan (3–7 Days):
🔹 Entry Zone: $5.50–$5.65
🔹 Stop-Loss: $5.35
🔹 Take-Profit Targets:
• TP1: $6.00
• TP2: $6.25
• TP3: $6.50
---
📌 A reclaim above the 7MA ($5.688) would be the first bullish signal. Volume remains moderate, so momentum could build quickly.
🚀 Layer 1 tokens like $MOVR often recover aggressively — if support holds, this could be a solid rebound setup. Always protect your capital.