MOVR — Buying the Dip Into Confluence Support

23 Jul

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:

• 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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26 Jul

Nota

🚨 MOVR Update

MOVR 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.

28 Jul

Dagangan ditutup: sasaran tercapai

🚨 MOVR Update

MOVR 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