$MOVR — THIS RALLY MAY BE GETTING OVEREXTENDED
MOVR has already posted a huge move, gaining nearly 80% in 24 hours while top-address balances reportedly climbed more than 11%. That combination makes me cautious about chasing strength and puts a pullback setup on the radar.
SHORT ZONE: Current area
STOP LOSS: $1.95
TP1: $1.80
TP2: $1.50
TP3: $1.00
The key is confirmation: if buyers fail to defend the higher levels and selling pressure starts building, the downside targets become interesting. A clean break above $1.95 invalidates the bearish idea.
No blind entries — wait for weakness before taking the short.
#GreekPoliceBustCryptoScamRingArrest17
#FedOctoberRateHikeOddsFallTo17%
MOVR has already posted a huge move, gaining nearly 80% in 24 hours while top-address balances reportedly climbed more than 11%. That combination makes me cautious about chasing strength and puts a pullback setup on the radar.
SHORT ZONE: Current area
STOP LOSS: $1.95
TP1: $1.80
TP2: $1.50
TP3: $1.00
The key is confirmation: if buyers fail to defend the higher levels and selling pressure starts building, the downside targets become interesting. A clean break above $1.95 invalidates the bearish idea.
No blind entries — wait for weakness before taking the short.
#GreekPoliceBustCryptoScamRingArrest17
#FedOctoberRateHikeOddsFallTo17%
