$MAV USDT BEARISH REVERSAL – BULLS LOSING CONTROL FAST ⚠️
$MAV USDT is trading at $0.04852 (-17.55%) after a sharp rejection from the $0.059 resistance zone. The pair failed to maintain its upside momentum, forming a clear lower high pattern and breaking key support levels, suggesting a continued bearish trend in the short term.
🔻 Trade Setup (Short)
Entry: $0.0488 – $0.0492
Take Profits:
TP1: $0.0475
TP2: $0.0460
Stop Loss: $0.0505
📊 Market Outlook:
Momentum has shifted bearish with strong selling pressure observed after the failed breakout above $0.056. Expect volatility to remain high with the possibility of deeper dips if support at $0.047 fails to hold.
⚠️ Risk Management:
Use tight SL as volatility spikes can cause sudden wicks. Trade with disciplined capital allocation.