$MOVR Go short
MACD 1-hour timeframe: the red bars are at 0.050020. They look tempting as they’re still red, but the bulls’ momentum is basically gone. The previous value was 0.058320, and it has already shrunk to 0.050020. The red bars are getting shorter and shorter—turning green could happen at any moment. This is currently the top-zone.
Funding rate: it’s now -0.0130%. Shorts are paying for their positions. When the funding rate turns negative, it means shorts are determined to keep pushing the selloff. With this kind of mindset, the downtrend usually doesn’t stop immediately.
Deviation rate: the price is 4.90% below the EMA20. The deviation isn’t huge, so there’s still room to move lower. This isn’t one of those overextended selloffs—there’s no need to be afraid of a rebound.
Entry: 1.8320–1.9410
Take profit 1: 1.8205
Take profit 2: 1.7922
Stop loss: 1.9148
🔴 Click here to place an order 👉👉👉 $MOVR
MACD 1-hour timeframe: the red bars are at 0.050020. They look tempting as they’re still red, but the bulls’ momentum is basically gone. The previous value was 0.058320, and it has already shrunk to 0.050020. The red bars are getting shorter and shorter—turning green could happen at any moment. This is currently the top-zone.
Funding rate: it’s now -0.0130%. Shorts are paying for their positions. When the funding rate turns negative, it means shorts are determined to keep pushing the selloff. With this kind of mindset, the downtrend usually doesn’t stop immediately.
Deviation rate: the price is 4.90% below the EMA20. The deviation isn’t huge, so there’s still room to move lower. This isn’t one of those overextended selloffs—there’s no need to be afraid of a rebound.
Entry: 1.8320–1.9410
Take profit 1: 1.8205
Take profit 2: 1.7922
Stop loss: 1.9148
🔴 Click here to place an order 👉👉👉 $MOVR
