Moonriver (MOVR)

$MOVR – New ATL again? Here’s the trade idea 👀📉

The daily trend is clearly bearish, with price forming lower highs and lower lows. Zooming into the H4 TF, price already broke down from a bearish pennant. Earlier there was a fakeout to sweep liquidity, followed by a sharp rejection.

Current area looks like a good short zone, targeting a drop toward $0.941.

$MOVR SHORT ALERT: This 4H Setup Could Print 20%+ Downside

Price Reacting off 4H FVG Resistance with Bearish Structure Intact. Lower Highs, Weak Bullish Retracements, And A Clear Rejection from the Premium Zone.

Liquidity Resting Below at the Previous Week Low is the Magnet Here. Look for Minor Pullbacks into the FVG for Refined Entries, Manage Risk Tight, and Trail After Partials.

Entry: $1.410 | SL: $1.543 | TPs: $1.300/$1.200/$1.116 (Prev Week Low)

Bias: Bearish R:R on This is Clean.

NFA | DYOR

İstek Analysis $MOVR

The $2.77 support for #MOVR is important. If it can't hold, it will collapse.
It is already in a downtrend on the major chart.

⚠️ This is not #reklam or investment advice. The analysis is my personal view. It is not guaranteed. https://t.co/iuFLEtwrUQ