$MOVR In the past few hours, the price has fallen from 2.897 to 1.865. While the RSI holds at 38.1, this does not indicate overbought conditions. Currently, trading is around 1.866—slightly below the average level of 2.361, but above support at 1.751. Volume of 20,420,182 USDT confirms activity.
If the price breaks below the lower limit of 1.751, further downside toward the next support can be expected. If the price surpasses 3.34, the resistance level may be challenged, and a rise becomes possible. Potential pullbacks could bring the price back closer to 2.0–2.2.
Volatility remains high due to a sharp 17% drop over the day, so risk management remains important. #Binance
If the price breaks below the lower limit of 1.751, further downside toward the next support can be expected. If the price surpasses 3.34, the resistance level may be challenged, and a rise becomes possible. Potential pullbacks could bring the price back closer to 2.0–2.2.
Volatility remains high due to a sharp 17% drop over the day, so risk management remains important. #Binance
