🔴 $MOVR /USDT – Bearish Reversal Alert 🚨 | Major Supply Zone Rejection 📉
🚨 $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.
📊 Technical Analysis:
MOVR has faced strong selling pressure near the $1.939–$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.
🔻 Short Entry Zone: $1.900–$1.930 (only after bearish rejection confirmation)
🎯 Take Profit Levels:
- ✅ TP1: $1.850
- ✅ TP2: $1.810
- ✅ TP3: $1.770
🛑 Stop Loss: $1.985
📌 Key Technical Levels:
- 🔴 Major Resistance: $1.939–$1.974
- 🟢 Immediate Support: $1.847
- 🟢 Strong Support: $1.801–$1.766
- 📉 Timeframe: 15 Minutes
⚠️ 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.
🔥 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
🚨 $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.
📊 Technical Analysis:
MOVR has faced strong selling pressure near the $1.939–$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.
🔻 Short Entry Zone: $1.900–$1.930 (only after bearish rejection confirmation)
🎯 Take Profit Levels:
- ✅ TP1: $1.850
- ✅ TP2: $1.810
- ✅ TP3: $1.770
🛑 Stop Loss: $1.985
📌 Key Technical Levels:
- 🔴 Major Resistance: $1.939–$1.974
- 🟢 Immediate Support: $1.847
- 🟢 Strong Support: $1.801–$1.766
- 📉 Timeframe: 15 Minutes
⚠️ 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.
🔥 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
