$MOVR just gave back a huge part of its rally.
It went above $3.30...
Now it's around $2.18.
What happened?
The Base migration created massive hype and momentum.
Then came the other side of the trade:
đž Profit-taking
đ„ CEX inflows
đ Momentum breakdown
⥠Leverage getting flushed
Now I'm watching two levels:
đą $2.04â$2.10
đŽ $2.30â$2.35
If buyers defend support and reclaim resistance, the chart could start looking healthier.
If support breaks, I'd rather wait than catch a falling knife.
Anyone else watching MOVR? đ
#MOVR #Moonriver #BinanceSquare #Crypto #HarshMarketDiary
It went above $3.30...
Now it's around $2.18.
What happened?
The Base migration created massive hype and momentum.
Then came the other side of the trade:
đž Profit-taking
đ„ CEX inflows
đ Momentum breakdown
⥠Leverage getting flushed
Now I'm watching two levels:
đą $2.04â$2.10
đŽ $2.30â$2.35
If buyers defend support and reclaim resistance, the chart could start looking healthier.
If support breaks, I'd rather wait than catch a falling knife.
Anyone else watching MOVR? đ
#MOVR #Moonriver #BinanceSquare #Crypto #HarshMarketDiary