$MOVR USDT
– A descending wound is forming, active short trading
$MOVR
MOVRUSDT
Perp
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Failed recovery near resistance 7.20
New lows recorded at 7.051 with accelerated selling
Currently trading at $7.067, after another sharp decline following repeated rejection below the SAR level at $7.197. The 15-minute chart shows a clear breakdown of support levels with strong bearish candles, confirming seller dominance.
Short setup:
• Entry: $7.06 – $7.10
• Target 1: $6.92
• Target 2: $6.78
• Stop loss: $7.21
Until the price strongly regains $7.20, all rallies remain sellable. The trend is clearly bearish with consistent lower highs and breakdowns.
$MOVR favors sellers – a continuation of the breakdown is likely.