📊 $MOVR /USDT Market Analysis
⚡ Current Situation
Price: $7.172 (Rs2,034.4)
Change: +4.05% (Bullish)
24h High: $7.960
24h Low: $6.893
24h Volume (MOVR): 1.65M
24h Volume (USDT): 12.24M
MA60: $7.158 → Price slightly above → Mild Bullish Signal
📈 Technical Indicators
Moving Averages:
MA5 = $7.182 → Close above price (Nearby Resistance)
MA10 = $7.157 → Close to price → Consolidation Zone
Volume: 1.58K → Moderate but sufficient for Bullish Momentum
MACD: Bullish cross → Confirmation of Uptrend
RSI: Approximately 65 → Slightly Overbought Zone, Caution Required
Bollinger Bands: Price above midline → Upside Strength Present
🎯 Possible Trade Plan
🔹 Long Entry: $7.175 – $7.190 (Entry on Dip Preferred)
Target 1: $7.450 (Nearby Resistance)
Target 2: $7.750 – $7.960 (24h High Retest)
Stop Loss: $6.950
🔹 Short Entry: Below $6.950
Target 1: $6.800
Target 2: $6.600
Stop Loss: $7.200
📌 Overall Opinion
MOVR/USDT is Bullish in the short term, and if it closes above $7.175–$7.190, a rise to $7.45 and $7.96 is possible.
A breakdown below $6.950 is expected to lead to a short-term Bearish correction.