$MOVR SHORT
1. Extreme RSI values on lower and medium timeframes indicate serious overbought conditions for the asset, creating excellent prerequisites for working from a short.
2. Significant trading volumes together with steadily rising open interest confirm an influx of aggressive sellers into the market.
3. Successful fulfillment of the first targets shows the strength of the sellers, though it’s worth considering the risk of sharp corrective rebounds during further declines.
🏁Entry: 1.7599$
✅Take 1: 1.6851$
✅Take 2: 1.6184$
✅Take 3: 1.5457$
✅Take 4: 1.3434$
✅Take 5: 1.0268$
🛡Protection: 1.8444$
📈 RSI14: m1 83.3 • m5 90.7 • m15 86.3 • m30 86.1
📊 VOL: m1 $2.4M • m5 $5.7M • m15 $5.9M • m30 $20.1M
🧲 OI: now $12.2M • 5m +1.2% • 15m +7.4% • 30m +16.1%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#MOVR #AltcoinTrade #CryptoEducation 📈
$MOVR
1. Extreme RSI values on lower and medium timeframes indicate serious overbought conditions for the asset, creating excellent prerequisites for working from a short.
2. Significant trading volumes together with steadily rising open interest confirm an influx of aggressive sellers into the market.
3. Successful fulfillment of the first targets shows the strength of the sellers, though it’s worth considering the risk of sharp corrective rebounds during further declines.
🏁Entry: 1.7599$
✅Take 1: 1.6851$
✅Take 2: 1.6184$
✅Take 3: 1.5457$
✅Take 4: 1.3434$
✅Take 5: 1.0268$
🛡Protection: 1.8444$
📈 RSI14: m1 83.3 • m5 90.7 • m15 86.3 • m30 86.1
📊 VOL: m1 $2.4M • m5 $5.7M • m15 $5.9M • m30 $20.1M
🧲 OI: now $12.2M • 5m +1.2% • 15m +7.4% • 30m +16.1%
⚠️ This is not financial advice. Trade at your own risk. DYOR.
#MOVR #AltcoinTrade #CryptoEducation 📈
$MOVR
