$MOVR Bullish Recovery in Play! ๐
$MOVR is trading at 7.258 (+5.49%), showing signs of a strong rebound after a pullback from the dayโs high of 7.600. Buyers are stepping back in around the 7.20 zone, aiming for another push toward higher resistance levels. If momentum holds, a breakout above 7.30 could trigger a run toward the recent highs.
Support and Resistance
โข Resistance: 7.300 โ 7.500 โ 7.600
โข Support: 7.200 โ 7.050 โ 6.819
Trade Setup
โข Entry Zone: 7.220 โ 7.280
โข Stop Loss: 7.050
๐ฏ TP1: 7.350
๐ฏ TP2: 7.500
๐ฏ TP3: 7.650
Market Insights
$MOVR is showing a healthy recovery pattern after intraday profit-taking. Sustained buying pressure above 7.20 could signal the next bullish leg, making this a favorable setup for short-term momentum traders.