$MOVR /USDT BEARISH ANALYSIS

Current Price: $6.72

Key Levels:

Resistance Levels: $7.20 – $7.40

Support Levels: $6.60 – $6.40

After a sharp drop of nearly -14%, MOVR is struggling to hold above $6.70. The bearish momentum suggests further downside if support at $6.60 breaks.

Trade Setup (Short Entry):

Entry: $6.70 – $6.80

Target 1 (TP1): $6.60

Target 2 (TP2): $6.40

Target 3 (TP3): $6.10

Stop Loss (SL): $7.20

Risk Management:

Risk only 1-2% of your portfolio per trade. Always place SL to protect against unexpected reversals.

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