๐ MOVR/USDT โ Daily Analysis | SHORT๐
ParameterValue๐ Short Entry $2.43 โ $2.50๐
TP1 $2.20 (โ11%)โ
TP2 $2.00 (โ19%)โ
TP3 $1.70 โ $1.80 (โ28%)โ๏ธ
Stop Loss $2.65โ
Leverage x20โ๏ธ
R/R โ 1 : 2.8๐ฐ
Capital Risk 1 โ 2%
๐ Setup Reading
Daily Structure: The pump of +105.78% over 30 days is clearly deflating. The price has formed a double top around $2.80-$2.90 and is now producing successive Lower Highs โ a classic signal of bearish reversal.
RSI: Likely in overbought territory on the Daily after this pump โ a return to the mean is almost inevitable.
Order Book: 57.21% sellers vs 42.79% buyers โ the pressure remains on the sell side.
Invalidation: Daily close above $2.65 โ immediate exit. ๐ซ
Send the next pair! ๐ฏ$MOVR
@Binance Square Official @Binance_France @Binance Pay Official
ParameterValue๐ Short Entry $2.43 โ $2.50๐
TP1 $2.20 (โ11%)โ
TP2 $2.00 (โ19%)โ
TP3 $1.70 โ $1.80 (โ28%)โ๏ธ
Stop Loss $2.65โ
Leverage x20โ๏ธ
R/R โ 1 : 2.8๐ฐ
Capital Risk 1 โ 2%
๐ Setup Reading
Daily Structure: The pump of +105.78% over 30 days is clearly deflating. The price has formed a double top around $2.80-$2.90 and is now producing successive Lower Highs โ a classic signal of bearish reversal.
RSI: Likely in overbought territory on the Daily after this pump โ a return to the mean is almost inevitable.
Order Book: 57.21% sellers vs 42.79% buyers โ the pressure remains on the sell side.
Invalidation: Daily close above $2.65 โ immediate exit. ๐ซ
Send the next pair! ๐ฏ$MOVR
@Binance Square Official @Binance_France @Binance Pay Official