Trading setup deal $MAV
: And you are the master of your decisions
• Entry price: $0.0464 - $0.0468
• First profit price: $0.0480
• Second profit price: $0.0495
• Third profit price: $0.0510
• Stop loss price: $0.0453
📊 Market analysis:
Trading volume is increasing and the trading structure is narrowing below the traditional resistance level for price breakout.
🕒 Watch for a close of the month or five months above $0.0469 to confirm this move.
Current trend
The currency $MAV shows a gradually upward trend over the past 24 hours, rising from $0.04520 to about $0.04677, recording an increase of approximately 3.5%. This pattern indicates an improvement in investor confidence despite moderate volatility.
Factors affecting the price
Upcoming unblocking process
* According to the Root, Data platform, about 20.37 million tokens $MAV valued at $2.36 million will be launched on July 1
* This event may put selling pressure on the currency in the short term due to increased supply in the market
Short-term forecasts
We are likely to witness some volatility in the price of #MAV over the coming days:
* **Support levels**: around $0.0460
* **Resistance levels**: near $0.0470
Traders should monitor how the market reacts to the upcoming unblocking event, as it could significantly impact the supply and demand dynamics for the currency in the next week.
The above information has been researched and summarized through personal effort and does not constitute investment advice.