MOVR narrative rotation meets supply

🔴 $MOVR - SHORT

Trade Plan:
Current Price: 2.04
Entry Zone: 2.04 - 2.17
SL: 2.28
TP1: 1.97
TP2: 1.84
TP3: 1.70

MOVR is rotating lower from the recent narrative-driven hype peak as selling pressure builds at the daily supply zone with contracting volume on rallies and formation of lower highs against the broader market. The 2.10-2.17 area shows classic distribution with weakening momentum and negative delta dominance confirming seller control. This narrative fade setup carries strong edge as price rejects the upper range and heads back toward the weekly value area.

Will MOVR complete the rotation down to 1.84 on fading narrative?

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$MOVR

MOVR
MOVRUSDT
1.353
+1.57%