$MAV has experienced a notable price surge of 9.793% in the last 24 hours.

The price range oscillated between 0.0428 and 0.0561, indicating a volatile trading session.

Bollinger Bands suggest the current volatility is enhanced, with the upper band at 0.0515 and the lower at 0.0439.

Despite the recent spike, the overall market trend remains bearish, hinting at weak momentum.

Support is identified at 0.04445, and immediate resistance is at 0.0561.

Macroeconomic uncertainties, including inflation and regulatory developments, could weigh on price stability.

Currently, Bitcoin's influence is ambiguous, which complicates MAV's trajectory.

Traders might consider a short-term approach given the volatility and downtrend.

Key takeaway: While MAV shows potential for short-term gains, caution is advised due to broader market pressures.