$MOVR — Blow-Off Rejection Under 1.80 Supply, Liquidity Flush Loading 📉
Trade Plan: Short $MOVR
Entry: 1.75 - 1.80
SL: 1.8837
TP: 1.6073 | 1.4316 | 1.2384
Why this Setup?
After the explosive upside move, price is compressing directly beneath the 1.8003 supply while failing to reclaim the upper resistance. The setup is built around a rejection from this zone, with 1.6073 as the first major downside magnet followed by deeper levels at 1.4316 and 1.2384. As long as 1.8837 holds, the bearish setup remains valid.
Trade $MOVR here 👇
Trade Plan: Short $MOVR
Entry: 1.75 - 1.80
SL: 1.8837
TP: 1.6073 | 1.4316 | 1.2384
Why this Setup?
After the explosive upside move, price is compressing directly beneath the 1.8003 supply while failing to reclaim the upper resistance. The setup is built around a rejection from this zone, with 1.6073 as the first major downside magnet followed by deeper levels at 1.4316 and 1.2384. As long as 1.8837 holds, the bearish setup remains valid.
Trade $MOVR here 👇