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$MOVR (1h) - Range Breakdown Short
Bias: Short
Entry (Zone): 2.615 - 2.625
Targets:
TP1: 2.585
TP2: 2.560
TP3: 2.530
Stop Loss: 2.662
Why this Setup:
I’m looking for a failed bounce into the 2.62 area and a clean breakdown from the recent consolidation. I want to fade strength while momentum stays capped below the prior swing highs, with the first downside test near 2.58 and a deeper extension toward 2.53 if sellers stay in control.
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