🚀 $MOVR /USDT Weekly Forecast on Binance
Current Price: ~$7.33 (Binance live avg around $6.70–7.00; models suggest a +5% range near $7.02–$7.03)
📈 Market & Technical Overview
Moonriver is consolidating just above key support near $6.70, buoyed by strong volume and network activity. Short-term models (Binance, MEXC) point to modest upside, targeting $7.03-$7.05 over coming days. CoinCodex indicates a potential downtrend toward $5.06 (-25%) if momentum fades. Technicals remain mixed: 50-day MA ($6.06) supports the price, but 200-day MA ($7.20) may act as resistance, and RSI hovers neutral at mid-50s.
This Week’s Range
•Bullish: $7.03 – $7.20+
•Neutral: $6.70 – $7.00
•Bearish: $6.00 – $6.70
Trade Plan
•Entry Zone: $6.90 – $7.05
•Target 1: $7.03
•Target 2: $7.20
•Stop Loss: Below $6.60
🧠 Strategy Insight:
Watch how MOVR behaves around $7.00–$7.05. A clean breakout above $7.20 on volume could signal stronger upside toward $8.20 later in the cycle. But failure to hold support below $6.70 may open a deeper fade toward $5.06.
