🚨 $MOVR JUST DROPPED ~10% — BUT I WOULDN’T CHASE THE SHORT HERE.

MOVRUSDT Futures:

Price: ~$0.959
24H high: $1.0828
24H low: $0.945

That’s a violent rejection.

But here’s the ONE THING I noticed:

Open interest is falling with price.

That suggests part of this move is positions being flushed/closed rather than an obvious surge of fresh leverage piling into shorts.

And MOVR has another layer of risk:

Binance placed it under the Monitoring Tag, while Moonriver is going through its migration to Base.

So I’m watching $0.945.

🔴 Break $0.945 + failed reclaim → SHORT setup becomes interesting

🟢 Sweep below $0.945 + reclaim → possible reversal setup

⚪ Right here → WAIT

I don’t want to short after a ~10% dump.

I want the market to show me whether $0.945 breaks or traps the sellers.

Save this level: $0.945.

We’ll see which side wins.

$MOVR #MOVR #Crypto #Futures