đš $MOVR â IâM WATCHING THE LONG SIDE
Looking at the chart again, Iâm leaning LONG, but I donât want to chase this pump.
$MOVR has moved aggressively from around $1.00 to $2.40+, and the 1H structure is still making higher highs and higher lows. That tells me buyers are still in control for now.
The area Iâm watching is $2.20â$2.35. If price pulls back there and buyers step in, that could offer a cleaner entry.
Another option: wait for a solid 1H breakout above $2.45 and then watch for a successful retest.
đ LONG SETUP
Entry: $2.20â$2.35
Breakout Entry: Above $2.45 after confirmation
đŻ TP1: $2.55
đŻ TP2: $2.75
đŻ TP3: $3.00
đ SL: $2.08
Support: $2.20 / $2.00
Resistance: $2.45â$2.50
If $MOVR loses $2.00 with strong selling pressure, Iâd consider this setup invalid.
The main idea is simple: donât chase the green candles. Let the pullback come to you.
Use controlled position size and low leverage. No setup guarantees profit.
Looking at the chart again, Iâm leaning LONG, but I donât want to chase this pump.
$MOVR has moved aggressively from around $1.00 to $2.40+, and the 1H structure is still making higher highs and higher lows. That tells me buyers are still in control for now.
The area Iâm watching is $2.20â$2.35. If price pulls back there and buyers step in, that could offer a cleaner entry.
Another option: wait for a solid 1H breakout above $2.45 and then watch for a successful retest.
đ LONG SETUP
Entry: $2.20â$2.35
Breakout Entry: Above $2.45 after confirmation
đŻ TP1: $2.55
đŻ TP2: $2.75
đŻ TP3: $3.00
đ SL: $2.08
Support: $2.20 / $2.00
Resistance: $2.45â$2.50
If $MOVR loses $2.00 with strong selling pressure, Iâd consider this setup invalid.
The main idea is simple: donât chase the green candles. Let the pullback come to you.
Use controlled position size and low leverage. No setup guarantees profit.
