$MOVR /USDT Market Analysis โ€“ Bullish Continuation Ahead? ๐Ÿš€

Current Price: $7.676 (+5.70%)

๐Ÿ“Š 24H High: $8.246 | 24H Low: $7.262

Moonriver ($MOVR) is showing a steady uptrend within the Layer 1 sector. Bulls are defending key support levels, and a push above $7.80-$8.00 could trigger a breakout.

๐Ÿ”น Support Levels: $7.40 - $7.50 โ€“ Strong buying interest in this range.

๐Ÿ”น Resistance Levels: $7.80 - $8.25 โ€“ Breaking above could send it toward $8.50+.

๐Ÿ“Œ Trading Strategy:

๐Ÿ“ˆ Long Setup (Bullish Play):

Entry Zone: $7.60 - $7.70

Target 1: $7.90

Target 2: $8.20+

Stop-Loss: $7.40

๐Ÿ“‰ Short Setup (Rejection Scenario):

Entry Zone: $8.20 - $8.30

Target: $7.70

Stop-Loss: $8.40

๐Ÿ’ก Indicators to Watch:

MACD: Bullish crossoverโ€”momentum favours upside.

RSI: Approaching overboughtโ€”watch for potential pullback.

BOLL: Price is near the upper band, signalling strong trend continuation.

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