Technical analysis by CryptoAnalystSignal about Symbol MOVR: Buy recommendation (4/17/2025)

#MOVRThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are experiencing a rebound from the lower boundary of the descending channel, which is support at 4.70.We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.We are looking for stability above the 100 moving average.Entry price: 4.80First target: 4.90Second target: 5.0Third target: 5.12#MOVRFirst target: 4.90 ReachedSecond target: 5.0 ReachedThird target: 5.12 Reached