【$MOVR Signal】Pullback to buy, main force’s bottoming intention exposed

$MOVR After a rally on the 1H timeframe, the price pulls back and consolidates around 1.26. The 4-hour MACD fast and slow lines have a golden cross and are opening upward, but the 1-hour histogram shows slight contraction. The order book depth shows over 25,000 coins accumulated in the 1.25-1.248 range, fully revealing the capital’s bottoming intention.

🎯Direction: Long

⚡Entry/Orders: Layered entries between 1.20 and 1.23

🛑Stop loss: 1.16

🚀Target 1: 1.49

🚀Target 2: 1.61

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching 1.49, and move the remaining stop loss up to 1.30. If the price cannot hold above 1.23, exit proactively.

Position remains stable, with no large-scale exits during the rise from 1.1 to 1.3. The 1-hour RSI is healthy around 60 and pulls back without entering overbought territory. The current risk-reward ratio is close to 4:1, and this pullback offers a good risk-reward window. The buy orders below are very thick, and selling pressure is quickly absorbed, keeping the bulls’ defense line solid.

View real-time market 👇 $MOVR
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