$MOVR just bounced hard after a heavy selloff but this looks like a relief move into resistance not a real reversal

SHORT $MOVR

Entry: $2.2- $2.35

Stoploss: $2.45

Targets: $2.00 - $1.75 - $1.50

Sharp drop followed by quick bounce is typical dead cat setup Volume spike suggests liquidation and short squeeze not sustained demand Price is still under major resistance and trend remains weak If momentum slows sellers will step back in fast downside opens again

MOVRUSDT

Perp

2.325

+3.19%