$MOVR has fallen below the 1.9 level; the current price is 1.883.
Around key price levels, I usually watch three things:
① Close: An intraday break doesn’t count; it’s a confirmed break only if the entire candlestick closes below 1.9.
② Retest: Can the price reclaim 1.9 on a bounce? If it can’t, that suggests a support-to-resistance flip.
③ Volume: Did trading volume increase during the break? A break on low volume is more likely to be false.
#MOVR
This is purely my personal opinion. Please consider it rationally.
Around key price levels, I usually watch three things:
① Close: An intraday break doesn’t count; it’s a confirmed break only if the entire candlestick closes below 1.9.
② Retest: Can the price reclaim 1.9 on a bounce? If it can’t, that suggests a support-to-resistance flip.
③ Volume: Did trading volume increase during the break? A break on low volume is more likely to be false.
#MOVR
This is purely my personal opinion. Please consider it rationally.