$MOVR Rejected at $5.81 Bears May Take Control Again...

After a strong rally from $5.32 to $5.81, $MOVR is showing signs of exhaustion. The latest red candle on the 1H chart signals a possible reversal as buyers failed to hold above $5.75.

🔻 Short Trade Setup (1H Timeframe):

Entry Zone: $5.71 – $5.73

Stop Loss: $5.82 (just above the recent high)

Target 1: $5.58

Target 2: $5.46

Target 3: $5.35

Pro Tip:

If MOVR fails to reclaim $5.75 on the next attempt, expect stronger downside pressure. Volume is cooling, and the trend may flip short-term bearish. Use tight risk management and monitor for a lower high formation.