$MOVR – Bearish retest in progress under $6.00!!!

Trading at $5.886 after a sharp decline of -9.59% from the highest of $6.525.

The hourly candle shows a failed recovery attempt near $6.00, forming a clear lower high and indicating the continuation of the bearish trend.

Unless the price regains $6.20 with strong volume, momentum remains in favor of sellers.

A clean setup for trend traders following the bearish trend.

Short trade setup: $MOVR

• Entry: 5.88 – 6.00

• Take Profit 1: 5.65

• Take Profit 2: 5.40

• Stop Loss: 6.18

Buy and trade here – Bearish retest in progress under $6.00!!!

Trading at $5.886 after a sharp decline of -9.59% from the highest of $6.525.

The hourly candle shows a failed recovery attempt near $6.00, forming a clear lower high and indicating the continuation of the bearish trend.

Unless the price regains $6.20 with strong volume, momentum remains in favor of sellers.

A clean setup for trend traders following the bearish trend.

Short trade setup:

• Entry: 5.88 – 6.00

• Take Profit 1: 5.65

• Take Profit 2: 5.40

• Stop Loss: 6.18

Buy and trade here $MOVR

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