$MOVR – PULLBACK AFTER SPIKE! RETESTING SUPPORT FOR NEXT MOVE
$MOVR surged from $5.789 to $6.128 before facing rejection and pulling back toward the $5.95 zone. The current price action is showing signs of stabilization with support holding above $5.92. If bulls defend this area and reclaim $6.00, another push toward the highs is likely.
Long Trade Setup:
• Entry: $5.94 – $5.97
• Target 1: $6.08
• Target 2: $6.18
• Stop Loss: $5.87
Buyers should watch for a bullish engulfing or volume spike near support to confirm the bounce setup.