$MOVR Explosive Breakout Long Setup 🚀
$MOVR has broken out aggressively from the $0.70 area and printed a strong 4H expansion candle. Price is now holding around $1.01 after briefly reaching $1.17, so the better approach is to look for a controlled retest rather than chase the spike.
Entry: $0.98–$1.02
Stop Loss: $0.825
Target 1: $1.043
Target 2: $1.10
Target 3: $1.17
Momentum is clearly bullish, but volatility is extremely high. A hold above $1.00 followed by a reclaim of $1.043 would support continuation toward the recent high. Losing $0.884 would weaken the setup significantly, while $0.825 is the key invalidation level.
#BankOfKoreaHikesRatesTo3% #NvidiaRises4%OnRevenueBeat #IranSaysHormuzOmanDealNotFinalized
$MOVR has broken out aggressively from the $0.70 area and printed a strong 4H expansion candle. Price is now holding around $1.01 after briefly reaching $1.17, so the better approach is to look for a controlled retest rather than chase the spike.
Entry: $0.98–$1.02
Stop Loss: $0.825
Target 1: $1.043
Target 2: $1.10
Target 3: $1.17
Momentum is clearly bullish, but volatility is extremely high. A hold above $1.00 followed by a reclaim of $1.043 would support continuation toward the recent high. Losing $0.884 would weaken the setup significantly, while $0.825 is the key invalidation level.
#BankOfKoreaHikesRatesTo3% #NvidiaRises4%OnRevenueBeat #IranSaysHormuzOmanDealNotFinalized
