MOVR/USDT - Bear Pennant on the 15m 📉
Price is forming a compact bear pennant after the initial drop, with 2 resistance touch points and 3 support touch points keeping the structure tight. The flagpole is already in place, and the pattern is still maturing.
Volume stayed active during the move, but price is now compressing near the lower end of the pennant.
DYOR before making any decisions. 🧠
#ChartScout #movr #BearPennant #CryptoTalks #PriceActionAnalysis
Price is forming a compact bear pennant after the initial drop, with 2 resistance touch points and 3 support touch points keeping the structure tight. The flagpole is already in place, and the pattern is still maturing.
Volume stayed active during the move, but price is now compressing near the lower end of the pennant.
DYOR before making any decisions. 🧠
#ChartScout #movr #BearPennant #CryptoTalks #PriceActionAnalysis