$MAV / USDT Current Market Overview
Current Price: 0.06587 USDT (≈ Rs18.62)
24h Change: +10.22% gain, showing strong bullish momentum.
Daily Range: 0.05800 USDT (low) – 0.06931 USDT (high).
Trading Volume: 245.14M MAV / 15.75M USDT, indicating healthy liquidity.
📊 Technical Indicators
Moving Averages (MAs):
MA (5 & 10): Short-term averages indicate bullish alignment, suggesting momentum is in favor of buyers.
Exponential Moving Averages (EMAs):
EMA (7 & 25): Likely crossing above mid-term trend lines, reinforcing bullish signals.
EMA (99): Still lagging behind, showing MAV is in an early recovery phase.
⏱ Timeframe Insights
15-Minute Chart: Indicates short-term price surges and volatility; useful for scalpers and intraday traders.
Higher Timeframes (1h, 4h, 1D): Needed to confirm whether this rally is a breakout or just a temporary spike.
📈 Market Sentiment & Trend
The surge in both price and volume points to renewed buying pressure, likely fueled by intraday traders reacting to breakout signals. Sustaining above 0.066 USDT will be important for MAV to continue bullish momentum, while dips toward 0.060 USDT may act as a support zone.
🔮 Short-Term Outlook
Resistance Levels: 0.06930 → 0.07200 USDT
Support Levels: 0.06300 → 0.06000 USDT
Bias: Bullish in the short term, but watch for rejection near resistance zones.