MOVR/USDT (1D) – Trendline Breakout Setup Incoming
Pattern: Downtrend Breakout 📈
Timeframe: 1-Day ⏱️
Pair: MOVR/USDT 💱
Published: June 10, 2025 📅
Technical Overview:
MOVR/USDT has been trading under a clear downward trendline, forming lower highs over an extended period. The price is now approaching this resistance, showing early signs of momentum shift.
A confirmed daily candle close above the trendline could trigger a bullish breakout and a potential trend reversal 🔥
Potential Trade Setup:
Bullish Scenario ✅
Entry: On breakout and strong daily close above 7.50–7.60
Targets:
* First target at 8.50–9.00 🎯
* Second target at 10.50–11.00 🎯
Stop-loss: Below 6.80–7.00 🛑
Risk Management ⚠️
Watch for volume confirmation to avoid fakeouts. If price gets rejected, it may consolidate or revisit lower support.
Conclusion:
MOVR is at a critical resistance zone. Breakout could open room for strong upside. Let the market confirm before entering 📊🔍
Pattern: Downtrend Breakout 📈
Timeframe: 1-Day ⏱️
Pair: MOVR/USDT 💱
Published: June 10, 2025 📅
Technical Overview:
MOVR/USDT has been trading under a clear downward trendline, forming lower highs over an extended period. The price is now approaching this resistance, showing early signs of momentum shift.
A confirmed daily candle close above the trendline could trigger a bullish breakout and a potential trend reversal 🔥
Potential Trade Setup:
Bullish Scenario ✅
Entry: On breakout and strong daily close above 7.50–7.60
Targets:
* First target at 8.50–9.00 🎯
* Second target at 10.50–11.00 🎯
Stop-loss: Below 6.80–7.00 🛑
Risk Management ⚠️
Watch for volume confirmation to avoid fakeouts. If price gets rejected, it may consolidate or revisit lower support.
Conclusion:
MOVR is at a critical resistance zone. Breakout could open room for strong upside. Let the market confirm before entering 📊🔍
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚀 Join My Telegram Community for FREE trading signals, entry/exit points, and instant updates!
👉 t.me/cryptobyghazii
👉 t.me/cryptobyghazii
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.