ðParadisers, #MOVRUSDT is on the move, displaying a notable rejection from the supply zone, hinting at upcoming market actions.
ð Observing #Moonriver past behavior, it has a track record of breaking above trendlines and initiating upward trends. Currently, we're presented with two distinct scenarios:
ð Following its rebuff at the supply zone, #MOVR is likely to seek a bullish path from the demand zone at 6.319, aiming to challenge and possibly overcome the resistance above.
ð Conversely, if it dips below the demand zone, we could see a shift towards a bearish trend, potentially descending to the next support level.
ð Market participants should monitor these developments closely, as MOVR's next moves could present significant trading opportunities.
ð Observing #Moonriver past behavior, it has a track record of breaking above trendlines and initiating upward trends. Currently, we're presented with two distinct scenarios:
ð Following its rebuff at the supply zone, #MOVR is likely to seek a bullish path from the demand zone at 6.319, aiming to challenge and possibly overcome the resistance above.
ð Conversely, if it dips below the demand zone, we could see a shift towards a bearish trend, potentially descending to the next support level.
ð Market participants should monitor these developments closely, as MOVR's next moves could present significant trading opportunities.
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