๐ด $MOVR /USDT โ Bearish Reversal Alert ๐จ | Major Supply Zone Rejection ๐
๐จ $MOVR is showing strong bearish rejection on the 15-minute timeframe after sweeping liquidity near the $1.974 resistance level. A sharp sell-off from the recent high suggests sellers are gaining short-term control, with price now trading around $1.874.
๐ Technical Analysis:
MOVR has faced strong selling pressure near the $1.939โ$1.974 supply zone. The recent bearish candles indicate weakening bullish momentum and a potential short-term reversal. A pullback into resistance followed by bearish confirmation could offer a short-selling opportunity.
๐ป Short Entry Zone: $1.900โ$1.930 (only after bearish rejection confirmation)
๐ฏ Take Profit Levels:
- โ TP1: $1.850
- โ TP2: $1.810
- โ TP3: $1.770
๐ Stop Loss: $1.985
๐ Key Technical Levels:
- ๐ด Major Resistance: $1.939โ$1.974
- ๐ข Immediate Support: $1.847
- ๐ข Strong Support: $1.801โ$1.766
- ๐ Timeframe: 15 Minutes
โ ๏ธ Trading Strategy:
Watch for a bearish retest of the supply zone and a lower-high formation before entering. A sustained move above $1.974 would invalidate the bearish setup. Avoid chasing the drop at current levels.
๐ฅ Bearish Bias | Liquidity Sweep | Supply Rejection | Potential Downside Continuation
Trade carefully, wait for confirmation, and manage risk properly. This setup is based on the provided chart snapshot, not live market data.
#movr
๐จ $MOVR is showing strong bearish rejection on the 15-minute timeframe after sweeping liquidity near the $1.974 resistance level. A sharp sell-off from the recent high suggests sellers are gaining short-term control, with price now trading around $1.874.
๐ Technical Analysis:
MOVR has faced strong selling pressure near the $1.939โ$1.974 supply zone. The recent bearish candles indicate weakening bullish momentum and a potential short-term reversal. A pullback into resistance followed by bearish confirmation could offer a short-selling opportunity.
๐ป Short Entry Zone: $1.900โ$1.930 (only after bearish rejection confirmation)
๐ฏ Take Profit Levels:
- โ TP1: $1.850
- โ TP2: $1.810
- โ TP3: $1.770
๐ Stop Loss: $1.985
๐ Key Technical Levels:
- ๐ด Major Resistance: $1.939โ$1.974
- ๐ข Immediate Support: $1.847
- ๐ข Strong Support: $1.801โ$1.766
- ๐ Timeframe: 15 Minutes
โ ๏ธ Trading Strategy:
Watch for a bearish retest of the supply zone and a lower-high formation before entering. A sustained move above $1.974 would invalidate the bearish setup. Avoid chasing the drop at current levels.
๐ฅ Bearish Bias | Liquidity Sweep | Supply Rejection | Potential Downside Continuation
Trade carefully, wait for confirmation, and manage risk properly. This setup is based on the provided chart snapshot, not live market data.
#movr
