Technical analysis by ALSHIHRY about Symbol MOVR on 4/20/2025

1. Bullish Scenario (Breakout to the Upside):•If the price closes daily above 5.60 or 5.80 with strong momentum, it would confirm a breakout from the descending channel.•The next potential target could be in the range of 6.20 – 6.50.2. Bearish Scenario (Rejection from the Upper Channel):•If the price fails to break above 5.60 and gets rejected from the upper trendline, it may pull back to test support levels around 5.00 – 4.85.