$MOVR Selling pressure is clearly dominant, but open interest isn’t falling, and there’s been a solid rebound. That suggests the selling pressure isn’t having a proportionate effect. This is something you should keep an eye on—don’t focus only on the candles. Strong selling pressure, yet the candle rebounds; that can only mean buyers have absorbed the selling. Thick buy-side liquidity below is providing solid support, so the price has bounced back up.
$MOVR