#CryptoTrading. #Signal🚥.

📊Technical analysis (hourly) $MAV /USDT

1. Current price and trend: The price is currently at 0.05212 USDT. The chart shows that after a significant increase (to the level of around 0.08146), the price has corrected sharply. Currently, any sideways movement is with a tendency to decrease, but with signs of a possible rebound from the support level of around 0.04390.

2. Moving averages (MA):

• MA(5): 0.318667 (short-term) shows a decrease.

• MA(10): 0.601746 (medium-term) also shows a decrease.

• MA crossing indicates a possible bearish trend in the short term.

3. Bollinger Bands (BOLL): The price is approaching the lower Bollinger band (0.04260), which may signal oversold and some rebound if the support level is not broken.

4. MACD: The MACD shows a negative value (-0.00125), which confirms the bearish momentum. The DIF and DEA lines are close to each other, which may indicate the weakness of the current trend and a possible consolidation.

5. Stochastic RSI (STOCHRSI): The STOCHRSI values ​​(16.66292) and MASTOCHRSI (20.59013) are in the lower zone, which also indicates oversold. This may be a signal to buy if the price stabilizes.

6. Volume: Volumes are decreasing, which can be shown by the display of strong interest in the asset at the current level. The increase in volumes may confirm further movement (both up and down).

⚠️Conclusion:

Currently, the asset is in a correction phase after a sharp increase. There are signs of oversold (STOCHRSI, BOLL), which may indicate a possible rebound to the resistance level (0.07361 or higher). However, the bearish MACD and the decline in MA signal caution. It is recommended to watch for test levels of support (0.04390) or resistance (0.05416) with volume confirmation.