🚨 $MOVR Just Gave Me a Very Interesting Signal
Derivatives are mixed: OI has cooled, overall L/S is near neutral, while top traders remain long-biased. Funding is negative. Futures CVD is around +7.1M and orderbook delta is positive (Futures +24.2K / Spot +32.0K), but futures buying still isn't getting enough confirmation from spot.
Spot money flow is mixed too. Large-wallet flow turned positive on 1H (+28.55K MOVR), 4H (+3.3K) and 1D (+15.25K), but 5D large flow is still negative around -340.5K. So guys, spot flow is still positive on the shorter timeframes, especially large-wallet flow, so I definitely think another bounce is possible. That's actually what I'm waiting for.
The liquidation map shows heavy liquidity around $1.90-$2.05, with another major area around $2.10-$2.20. Volume profile gives us POC ~$1.87, with VWAP around the same area. So these upper zones are very important.
Whale positioning is interesting too: recent whale activity is long-heavy, with whale average positioning around $1.72 long vs ~$1.96 short. So I don't want to blindly short here.
What I'm thinking: my last MOVR configuration leaned upside, but after this rejection I think short has a better edge if MOVR bounces into my upper/recommended zone and shows a clear rejection.
👉 If bounce happens + rejection appears = that's where I'd look for the short entry.
But if MOVR reaches the zone and doesn't reject, especially if spot flow strengthens and price holds above it, then I won't fight it. I'll follow my previous long setup.
For me, the trade is not about predicting the next candle. I want $MOVR to give me the bounce first, then prove whether sellers are actually there.
Derivatives are mixed: OI has cooled, overall L/S is near neutral, while top traders remain long-biased. Funding is negative. Futures CVD is around +7.1M and orderbook delta is positive (Futures +24.2K / Spot +32.0K), but futures buying still isn't getting enough confirmation from spot.
Spot money flow is mixed too. Large-wallet flow turned positive on 1H (+28.55K MOVR), 4H (+3.3K) and 1D (+15.25K), but 5D large flow is still negative around -340.5K. So guys, spot flow is still positive on the shorter timeframes, especially large-wallet flow, so I definitely think another bounce is possible. That's actually what I'm waiting for.
The liquidation map shows heavy liquidity around $1.90-$2.05, with another major area around $2.10-$2.20. Volume profile gives us POC ~$1.87, with VWAP around the same area. So these upper zones are very important.
Whale positioning is interesting too: recent whale activity is long-heavy, with whale average positioning around $1.72 long vs ~$1.96 short. So I don't want to blindly short here.
What I'm thinking: my last MOVR configuration leaned upside, but after this rejection I think short has a better edge if MOVR bounces into my upper/recommended zone and shows a clear rejection.
👉 If bounce happens + rejection appears = that's where I'd look for the short entry.
But if MOVR reaches the zone and doesn't reject, especially if spot flow strengthens and price holds above it, then I won't fight it. I'll follow my previous long setup.
For me, the trade is not about predicting the next candle. I want $MOVR to give me the bounce first, then prove whether sellers are actually there.
