🚨📉 $MOVR JUST MADE ITS SECOND PUSH HIGHER — AND I’M SETTING UP FOR THE SHORT. 👀
This is where I’m getting cautious.
Price has pushed higher again, but the move is starting to look stretched. If buyers fail to extend the rally from here, the second push could turn into the setup for a sharp reversal.
🎯 Short target: $1.77
I’m not calling the exact top.
I’m watching for the rejection, fading strength, and sellers stepping back in before expecting the downside move.
🛑 INVALIDATION: If $MOVR breaks above the current swing high and holds above it with strong volume, I’d consider the short thesis invalid and step aside.
If buyers keep forcing higher highs, the short thesis is wrong.
But if this push stalls and selling pressure returns, $1.77 becomes the level I’m watching. 👀📉
🔥 NOW THE REAL TEST — IS THIS SECOND PUSH THE FINAL RUN BEFORE $MOVR ROLLS OVER, OR ARE BUYERS ABOUT TO FORCE THE SHORTS OUT? 👀
🟥 SHORT → $1.77
🟢 MORE UPSIDE
🟡 WAIT FOR REVERSAL
🗳️ BINANCE SQUARE TRADERS — WHERE DOES MOVR GO NEXT? VOTE + COMMENT YOUR LEVEL. 👇🔥
⚠️ Shorting crypto carries significant risk. Manage leverage and position size carefully.
This is where I’m getting cautious.
Price has pushed higher again, but the move is starting to look stretched. If buyers fail to extend the rally from here, the second push could turn into the setup for a sharp reversal.
🎯 Short target: $1.77
I’m not calling the exact top.
I’m watching for the rejection, fading strength, and sellers stepping back in before expecting the downside move.
🛑 INVALIDATION: If $MOVR breaks above the current swing high and holds above it with strong volume, I’d consider the short thesis invalid and step aside.
If buyers keep forcing higher highs, the short thesis is wrong.
But if this push stalls and selling pressure returns, $1.77 becomes the level I’m watching. 👀📉
🔥 NOW THE REAL TEST — IS THIS SECOND PUSH THE FINAL RUN BEFORE $MOVR ROLLS OVER, OR ARE BUYERS ABOUT TO FORCE THE SHORTS OUT? 👀
🟥 SHORT → $1.77
🟢 MORE UPSIDE
🟡 WAIT FOR REVERSAL
🗳️ BINANCE SQUARE TRADERS — WHERE DOES MOVR GO NEXT? VOTE + COMMENT YOUR LEVEL. 👇🔥
⚠️ Shorting crypto carries significant risk. Manage leverage and position size carefully.