📊 $MOVR /USDT Market Analysis

⚡ Current Situation

Price: $7.172 (Rs2,034.4)

Change: +4.05% (Bullish)

24h High: $7.960

24h Low: $6.893

24h Volume (MOVR): 1.65M

24h Volume (USDT): 12.24M

MA60: $7.158 → Price slightly above → Mild Bullish Signal

📈 Technical Indicators

Moving Averages:

MA5 = $7.182 → Close above price (Nearby Resistance)

MA10 = $7.157 → Close to price → Consolidation Zone

Volume: 1.58K → Moderate but sufficient for Bullish Momentum

MACD: Bullish cross → Confirmation of Uptrend

RSI: Approximately 65 → Slightly Overbought Zone, Caution Required

Bollinger Bands: Price above midline → Upside Strength Present

🎯 Possible Trade Plan

🔹 Long Entry: $7.175 – $7.190 (Entry on Dip Preferred)

Target 1: $7.450 (Nearby Resistance)

Target 2: $7.750 – $7.960 (24h High Retest)

Stop Loss: $6.950

🔹 Short Entry: Below $6.950

Target 1: $6.800

Target 2: $6.600

Stop Loss: $7.200

📌 Overall Opinion

MOVR/USDT is Bullish in the short term, and if it closes above $7.175–$7.190, a rise to $7.45 and $7.96 is possible.

A breakdown below $6.950 is expected to lead to a short-term Bearish correction.

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$MOVR