$MAV /USDT – Correction Phase and Potential Downtrend
Current Price: 0.05474
Timeframe: 15m
24h High: 0.05987
24h Low: 0.05239
MAV is still in a correction phase after showing some strong movement. The price has recently broken below support, with bears pulling the price downward. As it stands, the trend is leaning towards a potential further dip, especially if the support at 0.05474 fails to hold.
The next key level to watch for support is around 0.05239. If that breaks, the price could move lower. Traders should stay cautious as the market corrects, and look for signs of stabilization or a potential reversal before re-entering.
Watch closely for a retest of the lower support levels. If the price fails to bounce back, there may be more downside in the coming sessions. Keep your eye on price action for any changes.