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$MOVR Losing Steam After the Pump.
After a massive volatility spike to 3.354, $MOVR has cooled down significantly. Price tried to reclaim the 2.86 area but was met with heavy selling. It’s now consolidating, but the momentum is clearly shifting bearish.
Short $MOVR
Entry: 2.364 – 2.520
SL: 2.880
TP1: 2.150
TP2: 1.950
TP3: 1.700
Market Analysis
On the 15m chart, $MOVR is carving out lower highs after being rejected at 2.862. While the 24h gain shows over 40%, the intraday structure is breaking down. Price recently wicked down to 2.192, showing where the liquidity is sitting. Volume is starting to fade on the green candles, suggesting buyers are exhausted. If it fails to hold the 2.32 local support, we expect a fast drop toward the daily low of 1.67.
Trade $MOVR here 👇