【$MOVR Signal】Pullback to go long, 1H level accumulation breakout

$MOVR The 1H level is oscillating at a high near 1.28, with the upper band of the 4-hour Bollinger Bands at 1.2827 forming short-term resistance. The 1-hour MACD fast and slow lines are converging, and the histogram has turned negative, indicating short-term momentum is temporarily exhausted. Market depth shows significant buy orders below 1.283, but sell pressure above 1.284 is also concentrated, with bulls and bears fiercely exchanging hands in this area.

🎯Direction: Long

⚡Entry/Order: 1.227 - 1.245

🛑Stop Loss: 1.161

🚀Target 1: 1.491

🚀Target 2: 1.624

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

The 4-hour MACD has formed a golden cross, and the trend remains intact. Open interest remains stable and has not diminished with price oscillations. The 1-hour RSI has fallen from a high of 75 to around 65, leaving room for another upward move. The current risk-reward ratio exceeds 4. A pullback to the 1-hour EMA20 around 1.27 is an ideal setup. There are dense orders below at 1.266 to 1.27, clearly indicating a support base.

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