A long, straight horizontal wire carries a steady current \(I\) directed to the right. A rectangular conducting loop is positioned in the same plane above the wire, with its top and bottom segments parallel to the wire. The loop is moved vertically upward at a constant speed \(v\), directly away from the wire. Which of the following correctly indicates the direction of the induced current in the loop and provides a valid justification based on the magnetic forces exerted on mobile charge carriers?