Here's a breakdown of the $MOVR
/USDT (Moonriver) Perpetual Futures trading data on Binance:
๐ช MOVRUSDT Market Overview
Metric Value
๐ฐ Last Price 6.523 USDT ๐ป
INR Equivalent โน1,854.62 (-8.82%)
๐ 24h High 7.259
๐ 24h Low 6.300
๐ Mark Price 6.529
๐ 24h Volume (MOVR) 704,820.85
๐ต 24h Volume (USDT) $4.78M
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๐ Technical Levels
๐ผ Resistance Zones
6.714 โ First test resistance
6.947 โ Strong resistance before breakout
7.181 โ 7.259 โ Supply zone / recent high
7.361 โ 7.415 โ Key upper resistance zone
๐ฝ Support Zones
6.523 (current) โ Hovering near key support
6.300 โ 24h low, strong demand area
6.246 โ Extended lower wick support
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๐ Volume & Moving Averages
Indicator Value Signal
๐งฎ MA(5) 10,825.08 Short-term sellers active
๐งฎ MA(10) 17,131.27 Downtrend bias confirmed
๐ฆ Volume 2,325.25 Moderate to low activity
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๐ Market Sentiment
๐ Trend: Short-term bearish
๐ฅ Volatility: Elevated โ 13% swing between high & low
๐ง Momentum: Fading below 6.70 unless volume rises
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๐ง Potential Trade Setups
๐ฉ Long Idea (Bounce from 6.30 Zone)
Buy Entry: 6.30 โ 6.35
Take Profit: 6.70 โ 7.00
Stop-Loss: Below 6.20
๐ฅ Short Idea (Breakdown Play)
Sell Entry: Break under 6.24
Target: 5.90 โ 5.75
Stop-Loss: Above 6.50
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๐ Summary
๐ป Down -8.82% in 24h shows bearish pressure
๐ Watch 6.30 โ key pivot for either reversal or deeper dip
โ ๏ธ Volume declining โ breakout needs confirmation
๐ Currently stuck between 6.30 support and 6.95 resistance
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Would you like:
๐ผ๏ธ A technical chart image?
๐ Entry/exit strategy in visual format?
๐ฒ Live alert triggers for price changes?
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