$MOVR — Major Supply at 1.77 Rejecting Again, Deep Flush Loading 📉
Trade Plan: Short $MOVR
Entry: 1.74 - 1.78
SL: 1.8837
TP: 1.5817 | 1.3789 | 1.1984
Why this Setup?
Price is pushing into the 1.77 supply zone after recovering from the 1.58 support, creating a potential exhaustion and rejection setup. A rejection from this supply area could send price back toward 1.5817 first, followed by deeper downside toward 1.3789 and 1.1984. As long as 1.8837 holds, the bearish setup remains valid.
Trade $MOVR here 👇
Trade Plan: Short $MOVR
Entry: 1.74 - 1.78
SL: 1.8837
TP: 1.5817 | 1.3789 | 1.1984
Why this Setup?
Price is pushing into the 1.77 supply zone after recovering from the 1.58 support, creating a potential exhaustion and rejection setup. A rejection from this supply area could send price back toward 1.5817 first, followed by deeper downside toward 1.3789 and 1.1984. As long as 1.8837 holds, the bearish setup remains valid.
Trade $MOVR here 👇
