🚨 $MOVR Facing Rejection — Bears Lurking in the Shadows?
After a solid push from $5.32 to $5.81, $MOVR seems to be running out of steam. The latest red candle on the 1-hour chart isn’t just any pullback — it’s a signal. Bulls tried to take control above $5.75 but couldn’t hold the line. That hesitation might be all the bears need to pounce.
📉 Potential Short Opportunity (1H Chart Analysis):
Entry Range: $5.71 – $5.73
Stop Loss: $5.82 (a safe cushion above recent high)
Targets:
🎯 Target 1: $5.58
🎯 Target 2: $5.46
🎯 Target 3: $5.35
🧠 What to Watch:
If MOVR fails to reclaim $5.75 on its next try, we could see a sharper dip. Volume is fading — a classic clue that momentum might be shifting. A lower high formation would only strengthen the short bias.
🔍 Strategy Tip:
This isn’t the time for wide stops or lazy trades. Stay sharp. Use disciplined risk management. The market may not roar down immediately, but a slow bleed can be just as profitable — if you’re patient.
Let’s see if the bears take the wheel.
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