๐จ๐ Emergency Update on $MOVR: Early Ascension ๐ฐ๐
The current situation of $MOVR deserves immediate attention as it trades at $30. Currently, it is in the local resistance zone, and signs of false releases could emerge. However, a clear trajectory is emerging, anticipating a series of crucial developments in the coming weeks.
๐ Local Resistance Zone: $30 - $34 ๐
The likely scenario begins with an interaction with the local resistance zone, with possible false rejections before retesting the major resistance zone at $34. Drawing the yellow lines indicates the intended path, touching the yellow area before following the lines.
๐ก Short-Term Outlook: Towards $50 or More? ๐
In the coming weeks, a progression towards $50 or even beyond is envisaged. Here's how the scenario could play out:
1๏ธโฃ False Rejections at $31: Possibility of false rejections from $31.
2๏ธโฃ Return to $30: The price could return to the previous resistance, now transformed into a new support zone.
3๏ธโฃ Breaking of Major Resistance at $34: The critical step would be the breaking of the major resistance at $34.
4๏ธโฃ Ascent towards $50: Once this barrier has been crossed, the objective would be an increase towards $50.
๐ My Opinion: Optimism Prevails ๐ช๐
Overall, the anticipation is positive, with the idea that $MOVR could reach $50 or more in the coming weeks. Stay vigilant on false rejections at $31 and confirmation of the break of resistance at $34. The path seems to be traced towards new heights. ๐ #MOVRUpdate #CryptoRally