$MOVR Shorting
Open interest: now is 6,407,916, which is 2.2% less than 1 hour ago. Longs are making an exit. The positions are already closed; the pull-up force is getting weaker, and the downtrend is still coming.
Deviation rate: the price is 13.46% below the EMA20. The deviation isn’t extreme yet, and there’s still room to move lower. This isn’t the kind of market that has already dropped too much, so there’s no need to be afraid of a rebound.
Bollinger Bands: the opening is downward. Upper band: 3.3479 / Lower band: 2.1555. The price is trading below the middle band, which is bearish. The lower band at 2.1555 is the first target.
Entry: 2.2425–2.6108
Take profit 1: 2.3417
Take profit 2: 2.3053
Stop loss: 2.4631
🔴 Click here to open a trade 👉👉👉 $MOVR
Open interest: now is 6,407,916, which is 2.2% less than 1 hour ago. Longs are making an exit. The positions are already closed; the pull-up force is getting weaker, and the downtrend is still coming.
Deviation rate: the price is 13.46% below the EMA20. The deviation isn’t extreme yet, and there’s still room to move lower. This isn’t the kind of market that has already dropped too much, so there’s no need to be afraid of a rebound.
Bollinger Bands: the opening is downward. Upper band: 3.3479 / Lower band: 2.1555. The price is trading below the middle band, which is bearish. The lower band at 2.1555 is the first target.
Entry: 2.2425–2.6108
Take profit 1: 2.3417
Take profit 2: 2.3053
Stop loss: 2.4631
🔴 Click here to open a trade 👉👉👉 $MOVR
