I’m watching $MOVR after a clean pullback into a key support zone. Price sold off with momentum and is now sitting near intraday lows, which usually gives a bounce opportunity if buyers step in. I’m not chasing — I’m waiting for price to hold and react.
Trade Setup
Entry Zone
2.38 – 2.41
Target Points
TP1 2.46
TP2 2.52
TP3 2.58
Stop Loss
Below 2.33
Why this works
I’m taking this because price is reacting at a strong demand area after an impulsive drop. The sell pressure is slowing, volume is cooling, and previous candles show buyers defending this zone. Risk is clearly defined below support, while upside offers a clean reward toward the prior breakdown levels.
