$MOVR USDT BEARISH REVERSAL – RISING CHANNEL BREAKDOWN SIGNALS SELL PRESSURE
MOVR has climbed steadily inside a rising channel, peaking near $5.81 before showing signs of exhaustion. The price is now testing resistance at $5.72, with a bearish setup forming as momentum weakens. A corrective move appears likely if price fails to reclaim higher levels.
Trade Setup:
Entry Zone: $5.72 – $5.78
Take Profit 1: $5.50
Take Profit 2: $5.37
Stop Loss: $5.81
Market Outlook:
The market is showing early signs of a pullback after a strong run. If selling pressure increases, short-term support zones are likely to be tested.
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