As the broader market pulls back, it’s the perfect time to scan for high-conviction long setups — and MOVR stands out.
Price is approaching a strong confluence support zone, offering a solid long opportunity.
🧩 Key Technicals
➡️ Liquidity Pool Below the Low:
➡️ Fib & Speed Fan Confluence:
Together, they form a technical floor right at the $6 psychological level
🟢 Long Trade Setup
Plan: Wait for price to fill into the zone and monitor for a bullish reaction (e.g., SFP, bullish structure reclaim)
💡 Why It Matters: Confluence Builds Confidence
When multiple tools — fib retracement, speed fan, liquidity pools, and psychological round numbers — all line up, it increases the probability of a strong reaction.
This is how smart money builds positions — not by chasing pumps, but by entering where others panic.
Final Thoughts
MOVR is approaching a clean, high-probability buy zone just below $6.00.
If the level holds and confirms with price action, this setup offers a solid R:R and a clear invalidation point.
📌 Mark the zone, set your alert, and let price come to you.
_________________________________
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Price is approaching a strong confluence support zone, offering a solid long opportunity.
🧩 Key Technicals
➡️ Liquidity Pool Below the Low:
- There’s a visible liquidity pocket just beneath the swing low at $6.121 — an area where stop hunts and reversals are likely.
➡️ Fib & Speed Fan Confluence:
- 0.618 Fib retracement from the recent move aligns at $6.042
- 0.618 Speed Fan level also intersects the zone
Together, they form a technical floor right at the $6 psychological level
🟢 Long Trade Setup
- Entry: $6.042
- Stop-loss: $5.685 (below structure & liquidity sweep)
- Target (TP): $6.78
- R:R: ≈ 1:2+
Plan: Wait for price to fill into the zone and monitor for a bullish reaction (e.g., SFP, bullish structure reclaim)
💡 Why It Matters: Confluence Builds Confidence
When multiple tools — fib retracement, speed fan, liquidity pools, and psychological round numbers — all line up, it increases the probability of a strong reaction.
This is how smart money builds positions — not by chasing pumps, but by entering where others panic.
Final Thoughts
MOVR is approaching a clean, high-probability buy zone just below $6.00.
If the level holds and confirms with price action, this setup offers a solid R:R and a clear invalidation point.
📌 Mark the zone, set your alert, and let price come to you.
_________________________________
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Want breakdowns of other charts? Leave your requests below.
Note
🚨 MOVR UpdateMOVR swept liquidity on the drop, finding support right on the 0.618 fib retracement, in confluence with the 0.666 Fib speed fan and the 0.786 VWAP lower band.
➡️ Perfect bounce off the 0.618 fib retracement of the full move from mid-June to mid-July at $5.735
➡️ 0.666 speed fan aligned with the 0.786 VWAP lower band for confluence
➡️ TP hit at the anchored VWAP, which acted as resistance with a clear rejection
From here, $6.50 is the key level! Price needs to reclaim and hold it for bullish continuation.
Trade closed: target reached
🚨 MOVR UpdateMOVR bounced cleanly off the 0.618 fib retracement and momentum is now picking up fast, a +30% move already 🔥
Next targets:
➡️ Key high at $8.552, aligning with the 1.0 TBFE → watch for a potential liquidity sweep
➡️ If that level gets cleared, the next target is the $9.142 key high, which lines up with the monthly level and the -0.618 fib extension for added confluence.
➡️ If $8 flips into support, we could see a strong rally toward the psychological $10 mark
🏆 Mastering Fibonacci for precision trading
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
Related publications
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.
🏆 Mastering Fibonacci for precision trading
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
Related publications
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.