Against the backdrop of a strong weekly impulse and a sharp increase in volumes, MOVR has locally corrected, easing the indicators, and is now holding the key support zone. There is strong buying activity on the rebound from the local bottom. Buckle up—we’re catching the reversal. [1, 2, 3]
Entry: at market (current price around $2.10 – $2.30)
Leverage: 15x – 20x (asset is extremely volatile—don’t overdo it)
Risk: 2% of the account [1, 2]
🎯 Targets (Take-profits):
$2.65 — nearest resistance (locks 40% of the position, stop at breakeven)
$3.15 — local high (locks another 40%)
$3.50 — final target for continuation of the impulse [1, 2, 3]
🛑 Stop-loss: $1.85 (triggers when a 4-hour candle closes below the support level)
Not financial advice. Always think for yourself and follow risk management!
