Bullish $MAV is trading around $0.059, showing strong bullish sentiment. Technical platforms show “Strong Buy” signals on daily timeframe, with support forming after breaking out of a falling channel or wedge pattern . Key support resides near $0.058–$0.059, while near-term resistance is seen around $0.061–$0.063 .
Fibonacci Levels:
Retracement status: Recent technical summaries show strong support around Fibonacci pivots—particularly around $0.059, aligning with consolidation after bullish breakout .
Price zones:
Support zone: ~$0.058–$0.059
Resistance zone: ~$0.061–$0.063 (recent 24-hour range high) .
RSI:
Value: ~62.1 (14-period)—a neutral to mildly bullish reading .
Interpretation: RSI above 60 indicates momentum favoring further gains, without overbought extremes.
Entry Zones:
Safer: Around $0.058–$0.059, offering support buffer and confluence with moving averages and Fibonacci pivots.
Aggressive: Dip entries near $0.057–$0.058, closer to channel breakout support—higher risk, higher reward.
Take-Profit Zones:
TP1: ~$0.063 – top of recent 24-hour range and likely short-term resistance .
TP2: ~$0.067–$0.070 – upper target based on breakout projections and optimistic scenarios seen in forecast models .
Stop-Loss Ideas:
Conservative SL: Below $0.057—just under support and breakout zone.
Tight SL: Around $0.058, limiting risk while staying above breakout support.
