🚀 $MAV

USDT BEARISH RETRACEMENT AFTER MASSIVE SPIKE – WILL IT STABILIZE OR FALL FURTHER?

$MAV has shown an explosive move today, reaching a high of 0.09800 but sharply retracing to 0.05684 (+28.63%) on the 1H chart. This strong rejection from the top suggests profit-taking by early buyers, causing a steep pullback.

📊 Key Levels

Support: 0.05000

Resistance: 0.06000 – 0.06500

Current Price: 0.05684

💡 Trade Setup (Short)

Entry: Below 0.05550 (breakdown confirmation)

TP1: 0.05250

TP2: 0.05050

SL: 0.05850

💡 Trade Setup (Long)

Entry: Above 0.06000 (breakout confirmation with volume)

TP1: 0.06500

TP2: 0.07000

SL: 0.05600

📈 Market Outlook The current structure is bearish as MAV struggles to hold gains after the parabolic rally. Unless it reclaims the 0.06000 resistance zone with strong momentum, downside pressure is likely to continue towards the 0.05000 support.

⚠️ Risk Management Never chase impulsive spikes. Use strict stop-loss and risk only 1-2% of your trading capital to survive volatility and trade with discipline.

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buy and trade here on $MAV

💭 Comment ⚡ if you caught MAV’s crazy pump today!