$MOVR Binance-Style Bearish Signal: MOVR (Moonriver)
Current Price: ~$6.30 (approx)
Sell/Short Entry: $6.20 – $6.30
Targets:
1. $5.64 – First major support line
2. $5.00 – Secondary support if initial level breaks
3. $2.96 – Potential deep correction as per long-term forecast
Stop Loss: $6.80 (above 50-day MA resistance)
Risk/Reward: ~1:3 to 1:4 — attractive risk-reward for traders betting on further declines