$MOVR USDT ā BEARISH REVERSAL AT KEY RESISTANCE šØ
MOVR failed to sustain above $7.35 and is now showing rejection candles with lower highs forming. Price is hovering near $6.65, just above immediate support, signaling weakening bullish momentum. A breakdown could open the way for deeper downside.
š Trade Setup (Short)
Entry Zone: $6.64 ā $6.70
Target 1: $6.18
Target 2: $5.95 (major support)
Stop Loss: Above $6.88 (recent rejection zone)
š Market Outlook:
Bearish momentum is building as sellers defend key resistance. Sustained pressure below $6.70 could accelerate the move to lower support levels.
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