$MOVR just got hit hard. đ
After yesterdayâs explosive move, price has now dropped around 27% and is sitting near $2.07. The chart is clearly in correction mode, with sellers still controlling the short-term structure.
The key level now is $2.00. If buyers defend it, we could see a relief bounce toward $2.20-$2.30. But if $2.00 breaks with volume, the downside could extend further.
After a move this violent, Iâd be watching the reaction at support rather than trying to catch the falling knife. đ
#MOVR #Moonriver #crypto #BinanceSquare
After yesterdayâs explosive move, price has now dropped around 27% and is sitting near $2.07. The chart is clearly in correction mode, with sellers still controlling the short-term structure.
The key level now is $2.00. If buyers defend it, we could see a relief bounce toward $2.20-$2.30. But if $2.00 breaks with volume, the downside could extend further.
After a move this violent, Iâd be watching the reaction at support rather than trying to catch the falling knife. đ
#MOVR #Moonriver #crypto #BinanceSquare
