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

https://sahmeto.com/message/3429069
ALSHIHRY
ALSHIHRY
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،Technical،ALSHIHRY

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.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$5.37
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