🚀 Stand up, everyone! $MOVR just spiked hard and hit heavy resistance—this setup is primed for a clean rejection play.
Short Trade Position
Entry Zone: 0.9769 – 1.0275
🎯 TP1: 0.9000
🎯 TP2: 0.8000
🎯 TP3: 0.7077
Stop Loss (SL): 1.1375
🔍 Why this short position?
Overextended Pump: MOVR printed a rapid, high-volume spike off the 0.6200 lows, running straight into supply around 1.1375–1.1698.
Lower High Rejection: The price failed to sustain momentum above 1.1000 and is already showing strong selling pressure with red candles rejecting the upper range.
Favorable Risk/Reward: Entering near the current zone allows a tight stop loss above the recent swing high (1.1375) while targeting a retracement back toward key lower support at 0.7077.
Click here to Trade 👇️
Short Trade Position
Entry Zone: 0.9769 – 1.0275
🎯 TP1: 0.9000
🎯 TP2: 0.8000
🎯 TP3: 0.7077
Stop Loss (SL): 1.1375
🔍 Why this short position?
Overextended Pump: MOVR printed a rapid, high-volume spike off the 0.6200 lows, running straight into supply around 1.1375–1.1698.
Lower High Rejection: The price failed to sustain momentum above 1.1000 and is already showing strong selling pressure with red candles rejecting the upper range.
Favorable Risk/Reward: Entering near the current zone allows a tight stop loss above the recent swing high (1.1375) while targeting a retracement back toward key lower support at 0.7077.
Click here to Trade 👇️
