#MatrixFamily listen to me carefully… $MOVR just made an explosive pump and now showing signs of exhaustion, this is where smart traders prepare for a pullback short

Entry Range: 2.75 – 3.05

Stop Loss: 3.35

Targets:

TP1: 2.40

TP2: 2.10

TP3: 1.80

After a massive impulsive move from the 1.6 zone to above 3.2, price printed a sharp rejection with a strong bearish candle. This kind of vertical move usually gets followed by a correction as early buyers start taking profits.

We are now seeing a potential lower high forming after the rejection, and momentum is clearly slowing down. Instead of chasing the pump, the better opportunity is to short the weak bounce into resistance.

As long as price stays below the 3.05 – 3.20 rejection zone, downside continuation toward previous consolidation levels is highly likely.

A strong breakout and hold above 3.35 will invalidate this short setup and shift momentum back to bullish