$MOVR 📈
Trade: Long @ 1.2679
Stop: 1.1612 | Target 1: 1.0978
MOVR is looking spicy here!
MOVR has broken out of its recent dealing range, pushing into premium territory. The overall trend is bullish, supported by a series of higher lows and the recent structure event confirming a shift in momentum. Price is currently trading above the dealing range high, indicating strong buying pressure. The immediate swing low at 1.1612 provides a logical place to set a stop loss, below the recent price action and potential sell-side liquidity. The target is set at the previous swing high of 1.0978, an untested level that could offer a good risk-reward opportunity if momentum continues.
Keep position sizing sane on this one.
#Crypto #Trading #MOVR
Trade: Long @ 1.2679
Stop: 1.1612 | Target 1: 1.0978
MOVR is looking spicy here!
MOVR has broken out of its recent dealing range, pushing into premium territory. The overall trend is bullish, supported by a series of higher lows and the recent structure event confirming a shift in momentum. Price is currently trading above the dealing range high, indicating strong buying pressure. The immediate swing low at 1.1612 provides a logical place to set a stop loss, below the recent price action and potential sell-side liquidity. The target is set at the previous swing high of 1.0978, an untested level that could offer a good risk-reward opportunity if momentum continues.
Keep position sizing sane on this one.
#Crypto #Trading #MOVR
