$MOVR Bearish Setup: Momentum Exhaustion at Resistance 📉
The recent push into overhead resistance is losing steam. Each successive move higher is showing weaker extension, signaling that buyers are exhausted and a pullback is brewing.
⚡ Trading Plan: SHORT $MOVR
Leverage: Max 10x
Entry Zone: 2.29 – 2.41
Stop Loss (SL): 2.55
🎯 Take Profit Targets
TP1: 2.15
TP2: 1.95
TP3: 1.75
🔍 Market Insight
$MOVR ran hard into the supply zone but is now stalling near the highs. When a rally fails to extend cleanly at these levels, it often triggers a sharp correction as sellers step in to capitalize on the fatigue. Expect a healthy pullback toward the 2.00 level.
Trade $MOVR here 👇
MOVRUSDT
Perp
2.268
-1.47%