$MOVR What’s the Next Level?
$MOVR broke out of its prolonged downtrend and surged to the 2.93 range in a single candle. In moves like this, the key question isn’t “did it rise?” but whether it can hold the breakout level.
Resistance / Target: 4.50
Upper Targets: 8.16 → 19.77
Support: 2.90–2.70
If it reaches 4.50, the nature of the move changes. If it dips below 2.90, this move may remain a “bounce.”
Do you think it will head to 4.50, or will there be a retest of 2.90 first?