$MOVR (Moonriver) — Short Analysis 📊
MOVR is around $0.99–$1.03 after a strong September recovery. Recent daily candles show higher lows, but price is facing resistance near $1.07–$1.13. �
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🟢 Support: $0.94–$0.98
🟢 Major support: $0.85–$0.90
🔴 Resistance: $1.07–$1.13
🔴 Major resistance: $1.20–$1.30
Bullish scenario: A strong daily close above $1.13 could strengthen the breakout structure.
Bearish scenario: Losing $0.94 could bring $0.85–$0.90 back into focus.
RSI is elevated after the recent move, so volatility and pullbacks are possible.
$MOVR #movr