$MOVR STILL UNDER PRESSURE ... REJECTION CONTINUES
MOVR is struggling to regain momentum after the sharp run toward 2.07.
Another rejection around the 1.72–1.78 resistance area has pushed price back near 1.64.
For now:
Immediate Support: 1.52–1.55
Resistance: 1.72–1.78
Major Resistance: 2.07
As long as MOVR stays below the resistance zone, pressure remains. A clean reclaim above 1.78 is needed before bulls regain control.
Watch the support closely ... losing 1.52 could open another correction leg.
Trade on $MOVR
MOVR is struggling to regain momentum after the sharp run toward 2.07.
Another rejection around the 1.72–1.78 resistance area has pushed price back near 1.64.
For now:
Immediate Support: 1.52–1.55
Resistance: 1.72–1.78
Major Resistance: 2.07
As long as MOVR stays below the resistance zone, pressure remains. A clean reclaim above 1.78 is needed before bulls regain control.
Watch the support closely ... losing 1.52 could open another correction leg.
Trade on $MOVR
