$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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