$MOVR how much more pain are you going to give people? 😂
Look, once again it has faced rejection from $2.
That’s why I’m shorting it now.
Take Profit: $1.80 Stop Loss: $2.20 A big drop is possible because sellers are active again, and there’s a lot of liquidity on the downside that could get hunted.
Remember how many times I told you that whenever $GTC reaches the $0.14 resistance, it will get rejected?
And that’s exactly what happened every time.
Now again, the same setup is happening. I’m shorting it from this range.
Take Profit: $0.132 Stop Loss: $0.175 Rejection could come from $0.15 itself because volume is dropping and people don’t seem as interested in it anymore.
On top of that, there are plenty of FVG gaps on the downside that could get filled.
Just look $MAGMA has been rejected multiple times from $0.26.
But this time, it tried to break this level again and failed once more.
Now I’m taking a short.
Take Profit: $0.208 Stop Loss: $0.268 A drop can easily happen from here. Rejection from $0.263 is confirmed, and on-chain data is also showing much higher selling activity now.