MAV Technical Formations Show Signs: Bottom Triangle Consolidation Hiding Breakthrough Momentum. From a technical analysis perspective, the daily chart of MAV tokens presents a classic converging triangle formation. This formation, as an important continuation consolidation structure, typically indicates that the decision on the trend direction is approaching.
It is worth noting that in recent trading days, as the formation completes, the on-chain trading volume has significantly increased, rising over 40% compared to the average level of the previous phase. This volume-price coordination characteristic often suggests that major funds are accelerating their chip accumulation process.
Through resistance level backtracking analysis, it is found that MAV lacks significant trapped selling pressure before the $0.14 price level, forming a technical "vacuum upward range."
According to classic shape measurement theory, if there is an effective breakout above the triangle's upper boundary, the potential target price will point directly to the $0.18 area.
Given that such technical formations often accompany rapid price increases in the early stages of a breakout, for trend traders, this is currently a critical left-side layout window.
Once a confirmation signal for a volume breakout is formed, the cost of chasing the price will significantly increase, and there will be a higher risk of short-term volatility.
It is recommended to closely monitor changes in trading volume and the validation of breakout effectiveness to seize potential trending opportunities.
