$MOVR looks bearish here and I would not treat this as a healthy dip-buy setup.

The 4H chart shows a classic exhaustion structure after the vertical spike to the 4.29 area: price lost momentum fast, slipped under MA7, and is now sitting in a weak zone around 2.45 with the market no longer behaving like a continuation trend. On 15m, rebounds are shallow, price is below MA30, and the structure keeps printing weaker recoveries instead of a real reclaim. Yes, Moonriver still has ecosystem activity and Binance futures liquidity, but the immediate driver was a speculative momentum burst — and those unwind fast when buyers stop chasing.

Bias: Short

Entry: 2.48–2.56

SL: 2.69

TP1: 2.30

TP2: 2.12

TP3: 1.94

If bulls were really in control, $MOVR would already be reclaiming 2.60+ cleanly. It isn’t. #MOVR #Moonriver #Polkadot #Altcoins