$MOVR /USDT Analysis:
Trend: Price recently bounced to $13.05 but remains below both SMA 9 ($14.53) and SMA 50 ($14.21), signaling short-term bearishness.
Support/Resistance:Support: Strong at $12.50.Resistance: Near $14.20-$14.50 (moving averages).
Volume: Spikes during key price moves indicate active interest.
Potential Scenarios:Bullish: Break above $14.50, aiming for $16.00-$17.00.Bearish: Break below $12.50, targeting $11.00.
Strategy:
Long above $14.50 with stop-loss at $12.50.
Short if rejected near $14.50, targeting $11.00.