#MAVIAUSDT Trade Signal:Short Signal (Bearish):Entry Point: Consider
entering a short position around the current price of 0.2466.Target: A pullback to the MA(14) level at 0.2384 or lower to the recent low of 0.23025.
Stop Loss: Place a stop loss above the recent high at 0.2518 to manage risk
Long Signal (Bullish):A long signal is less clear here due to overbought indicators. However, the price being above the short-term MAs and a positive MACD could suggest a short-term bounce.Entry Point: Wait for confirmation of support around 0.2466 or a dip to 0.2384 (MA(14)) with a bullish candlestick pattern.Target: A move back to 0.2518 or higher to 0.2600.
Stop Loss: Below the recent low at 0.23025.
Recommendation:Given the overbought signals (RSI, Stochastic) and the broader bearish trend, a short trade is more favorable at the moment. However, be cautious as the price is showing a minor bounce, and the MACD is slightly bullish. Wait for confirmation of downward momentum (e.g., a bearish candlestick or increased selling volume) before entering a short position.
