Trade Result: $MOVR SHORT — TP1 Hit
Entry: 1.8818
Exit: 1.8659
Result: TP1 achieved
PnL: +0.84%
Our short setup on $MOVR played out as planned. Price rejected sharply from the local high at 2.08 and broke below key levels at 1.8614/1.8659, with the Digash signal confirming the breakdown. Taker buy/sell ratio at 0.55 and a 2.7% drop in Open Interest signaled weak buyer interest and long unwinding, while the negative funding rate failed to offset selling pressure. Bearish momentum delivered — TP1 secured.
#MOVR #Short #TP1
Entry: 1.8818
Exit: 1.8659
Result: TP1 achieved
PnL: +0.84%
Our short setup on $MOVR played out as planned. Price rejected sharply from the local high at 2.08 and broke below key levels at 1.8614/1.8659, with the Digash signal confirming the breakdown. Taker buy/sell ratio at 0.55 and a 2.7% drop in Open Interest signaled weak buyer interest and long unwinding, while the negative funding rate failed to offset selling pressure. Bearish momentum delivered — TP1 secured.
#MOVR #Short #TP1