MOVR — Buying the Dip Into Confluence SupportAs 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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