$MOVR just made a massive move, but the real setup is after the spike 👀
The price exploded from around $0.90 to $2.06 and is now near $1.76. The daily Supertrend has flipped bullish at $0.997, but this is extremely extended after a 50%+ daily move, so chasing here carries much higher risk.
Entry: $1.50–$1.65
SL: $1.32
TP1: $1.90
TP2: $2.06
TP3: $2.30
The key area is $1.50–$1.65. If MOVR holds that zone and starts reclaiming $1.90, the recent $2.06 high becomes the next major test.
If the price loses $1.32, the setup starts weakening significantly.
Momentum is clearly strong, but after a move this sharp, I’d rather wait for a proper retest than chase the candle. 📈
#MOVR
The price exploded from around $0.90 to $2.06 and is now near $1.76. The daily Supertrend has flipped bullish at $0.997, but this is extremely extended after a 50%+ daily move, so chasing here carries much higher risk.
Entry: $1.50–$1.65
SL: $1.32
TP1: $1.90
TP2: $2.06
TP3: $2.30
The key area is $1.50–$1.65. If MOVR holds that zone and starts reclaiming $1.90, the recent $2.06 high becomes the next major test.
If the price loses $1.32, the setup starts weakening significantly.
Momentum is clearly strong, but after a move this sharp, I’d rather wait for a proper retest than chase the candle. 📈
#MOVR
