📉 $MOVR /USDT – SHORT SETUP ALERT
Market Snapshot:
$MOVR is trading at 6.73, showing a +10.65% gain in the last 24H. After rallying to 7.41, the token faced strong rejection with increased selling pressure, forming a bearish candle pattern. This suggests momentum is fading and a retracement may follow.
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🔑 Key Levels
• Resistance: 7.00 – 7.40
• Support: 6.50 – 6.05
• 24H Range: 6.05 – 7.41
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🎯 Short Trade Plan
• Entry Zone: 6.75 – 6.85
• Targets:
• TP1: 6.50
• TP2: 6.25
• TP3: 6.05
• Stop Loss: 7.20
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💡 Pro Tip: Monitor price action near 6.50. A clean breakdown could drive further downside toward 6.05. However, a move back above 7.20 would invalidate the bearish setup.