$MOVR is holding above intraday support after a strong push. I’m seeing healthy consolidation near the highs which usually means buyers are still in control. Price respected demand on pullbacks and structure is still bullish on the lower timeframe.
Trade setup
Entry Zone
2.47 – 2.49
Target Point(s)
2.52
2.58
Stop Loss
2.44
Why this setup works
I’m trading continuation. Price made a strong impulsive move, then cooled off with tight candles instead of dumping. That shows sellers are weak. As long as support holds, I’m expecting another leg up toward liquidity above recent highs. Risk is clearly defined and reward is clean.
