The $MOVR /USDT pair has seen a strong 24H rally, surging over 20% to reach a high of $7.87. However, with momentum showing signs of exhaustion and price hovering near resistance, a short setup could be forming. The suggested entry zone lies between $7.75 and $7.85, right below the recent peak. A tight stop loss is set at $8.00 to manage risk in case of a breakout continuation. The trade targets a potential retracement with take profit levels at $7.50, $7.20, and $6.90, aligning with previous support levels and volume consolidation zones. Caution is advised, as volatility remains high.
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