🛑$MOVR
MOVRUSDT
Prep
2.517
+3.11%
BEARISH SETUP: DOWNSIDE PRESSURE EXPECTED
The $MOVR chart shows signs of bearish pressure after failing to break above the 2.528–2.550 resistance zone. Lower highs on the 1H timeframe indicate sellers are gaining control. A decisive break below the immediate support at 2.500 could lead to further downside, presenting a strategic shorting opportunity.
Entry: Short near 2.520–2.550 resistance
Targets:
TP1: 2.500
TP2: 2.475
TP3: 2.450
Stop Loss: Above 2.560 resistance
Risk Management: Limit risk to 1–2% per trade and consider scaling out partially at each target to lock in profits.