$MOVR (Moonriver) is being discussed!
The price is currently trading at $2.912** (approx Rs 818.7), but there has been a correction of **-5.08%** in the last 24 hours — there has been a slight dip, but the structure is strong. The market sentiment seems a bit **neutral-bearish** as the price is trading below MA(99), which is **$2.978**.
Its immediate strong support is at $2.880** (24h Low), and if this breaks, the next level could be around **$2.850**. On the upside, the first resistance is at $2.915** (current Ask zone) and then strong resistance is at **$3.133 (24h High)**.
If the price holds $2.880** as support, a short-term bounce to **$3.00** and then to **$3.133** is possible. There is a bit less buying pressure in the order book, but interest is showing at deep support levels.
Be patient, watch the levels, and trade while managing risk!
