๐ฅ **$MOVR /USDT: Layer 1 Breakout Heating Up!**
๐ **$MOVR Market Sentiment**: MOVR is surging with a 16.38% pump to $7.532, hitting a 24h high of $7.960 and low of $6.405.
Volume spiked to 8.79M USDT, reflecting strong buying pressure. Price sits above MA(7) at $7.621, with MACD showing bullish momentum and RSI gaining tractionโperfect storm for Layer 1 gains!
๐ **Key Levels**:
- **Support Zone**: $7.135 - $6.909
- **Breakout Trigger**: $7.960
- **Major Resistance**: $8.013 - $8.500
๐ก **$MOVE Trade Setup**: Enter long on a pullback to $7.400 or a clean break above $7.960 with volume confirmation. Look for a bullish candle close to confirm.
๐ฏ **Upside Targets**:
1. $8.000
2. $8.500
3. $9.000
๐ก **Stop Loss**: $6.909
โ ๏ธ **Risk Management**: Risk only 1-2% per trade. Scale in on breakouts and use trailing stops to lock profits amid potential Layer 1 volatility.
๐ **Bullish/Bearish Outlook**: Strongly bullish above $7.135; could run to $9.00 if momentum holds.
Bearish if it drops below $6.909โwatch for BTC support levels.