$MOVR is going to drop a 90% from here 🚨
It went up more than 200%, the chart looks completely overheated, and after a move like that everyone expects the same thing: a big red candle and back to where it started.
So obviously… everyone is opening shorts now 😭
But right here is where I’m being careful.
I’ve been watching on-chain activity and liquidity, and there is still strong liquidity sitting above the current price. If market makers go after those levels first, these early shorts can turn into fuel for another squeeze.
I wouldn’t be surprised if $MOVR does something stupid like another 50–100% move before giving people the dump they’re expecting.
In the end? Yes, this kind of move can brutally correct.
But shorting too early and being right later still means you get liquidated first 😂
I’m waiting. For everyone to fight over the perfect top.
In my opinion, soon we’ll see it at $4
It went up more than 200%, the chart looks completely overheated, and after a move like that everyone expects the same thing: a big red candle and back to where it started.
So obviously… everyone is opening shorts now 😭
But right here is where I’m being careful.
I’ve been watching on-chain activity and liquidity, and there is still strong liquidity sitting above the current price. If market makers go after those levels first, these early shorts can turn into fuel for another squeeze.
I wouldn’t be surprised if $MOVR does something stupid like another 50–100% move before giving people the dump they’re expecting.
In the end? Yes, this kind of move can brutally correct.
But shorting too early and being right later still means you get liquidated first 😂
I’m waiting. For everyone to fight over the perfect top.
In my opinion, soon we’ll see it at $4
