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$MOVR – Support-driven recovery confirmed with higher low structure shifting momentum bullish
Trade Setup: Long $MOVR
• Entry Zone: 2.42 – 2.46
• Target 1: 2.58
• Target 2: 2.70
• Stop Loss: 2.30
Price action has delivered a robust bullish recovery following a successful defense of the 2.28 to 2.30 demand zone, accompanied by a sharp impulsive advance upward. This behavior confirms aggressive buyer re-entry and shifts near-term momentum in favor of bulls. The structure now exhibits a sequence of elevated troughs, supporting the case for continued upside extension. Provided price sustains above the 2.35 to 2.40 region, bullish momentum remains preserved. A confirmed clearance above the 2.58 resistance is positioned to unlock further advancement toward higher targets. Monitor volume for validation and favor pullback entries within the support band over chasing extended moves.
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