$MOVR With the 4h chart.
What I see:
• There was a very strong pump from 0.70 to 3.34.
• After that, the price entered a corrective trend, forming lower highs.
• It is currently at 1.507, near the support area that appeared several times after the drop.
• The order book shows a sell wall above the price and buy orders concentrated near 1.50, suggesting buyers are defending this area.
Important levels
• 🟢 Support: 1.45 - 1.50
• 🟢 Stronger support: 1.35 - 1.40
• 🔴 Resistance: 1.65 - 1.75
• 🔴 Strong resistance: 2.00+
My interpretation:
• As long as it holds above 1.45, there is a chance of a bounce to 1.65-1.75.
• If it loses 1.45 on volume, the likelihood of testing 1.35 or even lower increases.
• On the 4h chart, I still don't see a clear trend reversal. It looks more like consolidation after a big drop.
Probability, in my technical view:
• 55% chance of moving sideways between 1.45 and 1.75
• 25% chance of rising to test 1.75-2.00
• 20% chance of breaking support and falling to 1.35 or lower
If you bought near 1.40 (I can see "average purchase price 1.404" on the screen), you're still in a relatively comfortable area. The key point now is to watch whether buyers defend 1.50 over the next 4h candles.
What I see:
• There was a very strong pump from 0.70 to 3.34.
• After that, the price entered a corrective trend, forming lower highs.
• It is currently at 1.507, near the support area that appeared several times after the drop.
• The order book shows a sell wall above the price and buy orders concentrated near 1.50, suggesting buyers are defending this area.
Important levels
• 🟢 Support: 1.45 - 1.50
• 🟢 Stronger support: 1.35 - 1.40
• 🔴 Resistance: 1.65 - 1.75
• 🔴 Strong resistance: 2.00+
My interpretation:
• As long as it holds above 1.45, there is a chance of a bounce to 1.65-1.75.
• If it loses 1.45 on volume, the likelihood of testing 1.35 or even lower increases.
• On the 4h chart, I still don't see a clear trend reversal. It looks more like consolidation after a big drop.
Probability, in my technical view:
• 55% chance of moving sideways between 1.45 and 1.75
• 25% chance of rising to test 1.75-2.00
• 20% chance of breaking support and falling to 1.35 or lower
If you bought near 1.40 (I can see "average purchase price 1.404" on the screen), you're still in a relatively comfortable area. The key point now is to watch whether buyers defend 1.50 over the next 4h candles.