$MOVR USDT$ is showing a clear short-term bearish structure on the 5m timeframe, with lower highs and consistent selling pressure dominating the trend. The recent bounce from the 2.28–2.30 zone looks like a relief move rather than a confirmed reversal, as volume spikes earlier were followed by weak continuation. Momentum still favors sellers unless a strong breakout occurs above immediate resistance.

Price is currently reacting near a minor demand zone, but upside remains limited unless bulls reclaim higher levels.

Watch for rejection around resistance for continuation or a breakout for a trend shift.

Trade Setup:

Entry: 2.38 – 2.42

Target: 2.32 / 2.28

Stop Loss: 2.47

Stay cautious—trend is still bearish, so favor short setups unless structure flips.

MOVR

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