$MOVR USDT SHOWS STRONG BULLISH MOMENTUM — POTENTIAL BREAKOUT ABOVE $4.15 AHEAD
Moonriver ($MOVR ) is currently trading at $4.12, marking a +6.29% gain in the last 24 hours, reflecting renewed buying pressure across the Layer-1 sector. The price has been consolidating just below the key resistance zone at $4.15, while maintaining strong support near $3.90–$3.95.
On the 4-hour chart, MOVR has formed a bullish continuation pattern, with higher lows suggesting accumulation. The 24h high of $4.129 indicates increasing demand near the resistance level, and a clean breakout above $4.15 could trigger a sharp move toward $4.35–$4.50 in the short term.
Meanwhile, if the price fails to hold above $4.00, a minor correction toward $3.82 or $3.75 may occur before another upward push.
Indicators:
RSI trending near the bullish zone, showing strength but not yet overbought.
Volume remains healthy, confirming active participation on the buying side.
Moving averages are converging toward a bullish crossover.
Short-term outlook: Bullish bias remains intact as long as MOVR holds above $3.90. A confirmed breakout above $4.15 could open the next leg toward $4.50–$4.80.
Key Levels:
Resistance: $4.15 / $4.35 / $4.50
Support: $3.95 / $3.82 / $3.75
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