$MOVR
๐ฅ $MOVR/USDT | Technical Analysis | Daily + 3H
$MOVR I made a strong upward move from approximately the 0.62 area and have now reached around 1.25.
But after this rise, we need to focus on specific zones instead of chasing the price.
๐ Most important resistance:
1.40โ1.44 โ ๏ธ
This is a very strong zone on the daily timeframe, so if the price reaches it, we must be cautious of sell pressure and rejection.
๐ข Best buying zones during a pullback:
1.16โ1.20 โ the first important zone.
1.07โ1.10 โ a stronger zone if the correction increases.
1.00โ1.02 โ an important and farther support.
๐ Scenario One
If the price holds 1.16โ1.20 and rises again:
๐ฏ Target 1: 1.29
๐ฏ Target 2: 1.35โ1.38
โ ๏ธ After that, 1.40โ1.44 is a zone we must pay attention to.
๐ป Scenario Two
If the price fails to rise and breaks 1.16:
We watch 1.07โ1.10, and if that doesnโt hold, we watch 1.00โ1.02.
๐ฏ Summary:
MOVR is still strong, but buying at 1.25 is not the best place to chase the move.
The better approach is to watch 1.16โ1.20 as the first zone, then 1.07โ1.10 if a larger correction happens.
Above 1.29, the move may target 1.35โ1.38, but 1.40โ1.44 is very strong resistance and we must be cautious of it.
โ ๏ธ Educational technical analysis, not financial advice.
#MOVR #MOVRUSDT #Binance #BinanceSquare #Crypto #CryptoAnalysis #TechnicalAnalysis #Altcoins #Trading #ุชุญููู_ููู #ุนู ูุงุช_ุฑูู ูุฉ #ูุฑูุจุชู
๐ฅ $MOVR/USDT | Technical Analysis | Daily + 3H
$MOVR I made a strong upward move from approximately the 0.62 area and have now reached around 1.25.
But after this rise, we need to focus on specific zones instead of chasing the price.
๐ Most important resistance:
1.40โ1.44 โ ๏ธ
This is a very strong zone on the daily timeframe, so if the price reaches it, we must be cautious of sell pressure and rejection.
๐ข Best buying zones during a pullback:
1.16โ1.20 โ the first important zone.
1.07โ1.10 โ a stronger zone if the correction increases.
1.00โ1.02 โ an important and farther support.
๐ Scenario One
If the price holds 1.16โ1.20 and rises again:
๐ฏ Target 1: 1.29
๐ฏ Target 2: 1.35โ1.38
โ ๏ธ After that, 1.40โ1.44 is a zone we must pay attention to.
๐ป Scenario Two
If the price fails to rise and breaks 1.16:
We watch 1.07โ1.10, and if that doesnโt hold, we watch 1.00โ1.02.
๐ฏ Summary:
MOVR is still strong, but buying at 1.25 is not the best place to chase the move.
The better approach is to watch 1.16โ1.20 as the first zone, then 1.07โ1.10 if a larger correction happens.
Above 1.29, the move may target 1.35โ1.38, but 1.40โ1.44 is very strong resistance and we must be cautious of it.
โ ๏ธ Educational technical analysis, not financial advice.
#MOVR #MOVRUSDT #Binance #BinanceSquare #Crypto #CryptoAnalysis #TechnicalAnalysis #Altcoins #Trading #ุชุญููู_ููู #ุนู ูุงุช_ุฑูู ูุฉ #ูุฑูุจุชู
