🚨 Quick update on Moonriver (MOVR/USDT)
📉 The coin is clearly in a downward trend lately
And the price is now close to support zones after strong selling pressure
👀 What we notice:
RSI is very low → oversold
Short-term technical bounce possible
But there's no confirmation of a real reversal yet
🎯 Expected scenario:
We might see a bounce towards 1.76 - 1.78
And if it breaks 1.72, it could continue to drop
⚠️ Important: This is not a buy signal
Any entry should be with a clear plan (TP / SL)
💡 Personally: I'm in the trade, and we're watching closely
We prefer risk management over greed
📊 The market doesn't always go up
And real opportunities come to those who are patient and understand.
📉 The coin is clearly in a downward trend lately
And the price is now close to support zones after strong selling pressure
👀 What we notice:
RSI is very low → oversold
Short-term technical bounce possible
But there's no confirmation of a real reversal yet
🎯 Expected scenario:
We might see a bounce towards 1.76 - 1.78
And if it breaks 1.72, it could continue to drop
⚠️ Important: This is not a buy signal
Any entry should be with a clear plan (TP / SL)
💡 Personally: I'm in the trade, and we're watching closely
We prefer risk management over greed
📊 The market doesn't always go up
And real opportunities come to those who are patient and understand.