$MOVR ‌ This coin is currently in a classic violent washout phase.

Did you see that waterfall line on the hourly chart? It plummeted straight from 2.62 to 2.16, scaring out all the retail traders with blood on their hands. But if you look at the order book details, the whales are holding steady with a total position of 2.24 million U, while the long/short ratio is 43:53. There are 113 whales in the red, holding strong without cutting losses, with an average entry price of 2.60. What does this mean? It means the big players are not panicking at all.
Now, check out the trading volume on the 15-minute chart. When it hit around 2.16, there was suddenly a massive spike in volume, and then the price bounced back to 2.23 and consolidated. The smart money is even clearer—67 traders are net buying, and while the amounts aren’t huge, they’ve been accumulating since early morning, hiding their intentions very well.
The script is pretty straightforward: the market maker has already scooped up enough below 2.2.
Next, it’s highly likely we’ll see a triangular convergence, grinding down until retail traders are completely hopeless. Then, out of nowhere, a bullish candlestick will break through the EMA resistance at 2.28, cornering all the shorts. As long as it stands above 2.3, the short squeeze will propel the price to test 2.4.
At this position, waiting to chase after the pump will be too late. The market maker has put on quite the show; do you dare to stand on the buy side with the whales at the height of panic?