$MAV
USDT BEARISH COLLAPSE – THE DUMP IS STILL UNFOLDING
$MAVUSDT is showing extreme weakness after its massive spike towards $0.09800, crashing back to the current price of $0.04745. Price action is holding near its 24h low ($0.04725), indicating sustained bearish pressure.
🔑 Key Levels:
Resistance: $0.06000 – strong sell zone after rejection.
Support: $0.04500 – immediate level to watch for breakdown.
Current Price: $0.04745
🎯 Trade Setup:
Entry (Short): $0.04850 – $0.05000
Targets:
TP1: $0.04550
TP2: $0.04200
Stop Loss: $0.05200
📊 Market Outlook: MAV is trapped in a steep downtrend with no strong buying volume observed on the 1H chart. A break below $0.04500 could trigger another wave of panic selling, testing deeper intraday lows.
⚠️ Risk Management: Always use strict stop loss to protect capital in high volatility setups. Do not over-leverage, and manage position size carefully as dump continuations can accelerate quickly.
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buy and trade here on $MAV