LONG setup for *MOVR / USDT* - Moonriver:
#BitcoinRejectedAt$87K #BinanceSquareTalks
*Current Context:*
MOVR is around *$2.06* right now, with a strong 5-day pump +85% but pulling back today -3%. On 4H it's still bullish (above 50MA, 200MA rising), Daily is showing bottoming with RSI oversold bounce. Volatility is high - $1.55 to $3.03 range in last 24h.
Long Setup - Bottom Reclaim
*Type:* Counter-trend bounce / range long
*Entry:*
- *Primary Entry:* $2.00 - $2.11 (current reclaim zone)
- *Better Risk Entry:* $1.80 - $1.85 (strong support that has been tested multiple times)
- DCA if it sweeps liquidity below $1.80 9191
*Stop Loss:*
- Tight SL: $1.67 (below today's low)
- Safer SL: $1.55 (below 24h low / structure)
*Targets:*
- TP1: $2.17 (quick scalp)
- TP2: $2.26
- TP3: $2.37
- TP4: $3.00 - $3.10 (if momentum returns - previous breakout level) 9191
*Setup Logic:*
1. *Support Confluence:* $1.80 is green support zone bounced multiple times + 100MA approaching for support
2. *Descending Channel Break:* On 1H it's moving in descending channel hitting lower boundary = bounce expected
3. *Momentum:* 4H signal is Strong Buy right now, Weekly still Buy
*Invalidation:*
Close below $1.55 on high volume = exit long, possible fall to $1.20
*Risk Management:*
- Risk only 1-2% of capital
- Take 50% profit at TP1/TP2 and move SL to breakeven
- Not financial advice - MOVR is micro-cap + has Binance Monitoring Tag risk (delisting risk), so keep position size
#BitcoinRejectedAt$87K #BinanceSquareTalks
*Current Context:*
MOVR is around *$2.06* right now, with a strong 5-day pump +85% but pulling back today -3%. On 4H it's still bullish (above 50MA, 200MA rising), Daily is showing bottoming with RSI oversold bounce. Volatility is high - $1.55 to $3.03 range in last 24h.
Long Setup - Bottom Reclaim
*Type:* Counter-trend bounce / range long
*Entry:*
- *Primary Entry:* $2.00 - $2.11 (current reclaim zone)
- *Better Risk Entry:* $1.80 - $1.85 (strong support that has been tested multiple times)
- DCA if it sweeps liquidity below $1.80 9191
*Stop Loss:*
- Tight SL: $1.67 (below today's low)
- Safer SL: $1.55 (below 24h low / structure)
*Targets:*
- TP1: $2.17 (quick scalp)
- TP2: $2.26
- TP3: $2.37
- TP4: $3.00 - $3.10 (if momentum returns - previous breakout level) 9191
*Setup Logic:*
1. *Support Confluence:* $1.80 is green support zone bounced multiple times + 100MA approaching for support
2. *Descending Channel Break:* On 1H it's moving in descending channel hitting lower boundary = bounce expected
3. *Momentum:* 4H signal is Strong Buy right now, Weekly still Buy
*Invalidation:*
Close below $1.55 on high volume = exit long, possible fall to $1.20
*Risk Management:*
- Risk only 1-2% of capital
- Take 50% profit at TP1/TP2 and move SL to breakeven
- Not financial advice - MOVR is micro-cap + has Binance Monitoring Tag risk (delisting risk), so keep position size