$MOVR USDT | BEARISH CONTINUATION
I’m watching $MOVRUSDT around $0.7554 after a -5.79% daily
drop. Sellers are currently controlling the short-term
momentum, so I’m waiting for a bounce into resistance.
EP : $0.7650 - $0.7800
TP1 : $0.7350
TP2 : $0.7050
TP3 : $0.6700
SL : $0.8000
Why this setup:
If price fails to reclaim the resistance zone and forms
another lower high, downside continuation becomes possible.
My setup is invalid if buyers recover strongly above SL.
Let’s go $MOVR
#HangSengCloses18PointsLower #IRGCSaysTwoTankersHitByMinesInHormuz #KuwaitAirDefensesRespondToIranianDroneAttacks #DellRisesNearly9%GitLabJumps20%AfterHours #ExplosionsAtUSBasesInKuwait
I’m watching $MOVRUSDT around $0.7554 after a -5.79% daily
drop. Sellers are currently controlling the short-term
momentum, so I’m waiting for a bounce into resistance.
EP : $0.7650 - $0.7800
TP1 : $0.7350
TP2 : $0.7050
TP3 : $0.6700
SL : $0.8000
Why this setup:
If price fails to reclaim the resistance zone and forms
another lower high, downside continuation becomes possible.
My setup is invalid if buyers recover strongly above SL.
Let’s go $MOVR
#HangSengCloses18PointsLower #IRGCSaysTwoTankersHitByMinesInHormuz #KuwaitAirDefensesRespondToIranianDroneAttacks #DellRisesNearly9%GitLabJumps20%AfterHours #ExplosionsAtUSBasesInKuwait