$MAV /USDT BEARISH BREAKDOWN – DOWNSIDE MOMENTUM INTENSIFIES 🔻
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🔍 TECHNICAL ANALYSIS
is trading at $0.04908 (-31.98%), showing a massive selloff after breaking down from the key support area. The token is now in free fall, forming lower lows and indicating strong bearish momentum with high volume.
This sharp drop followed a failure to hold above the $0.07000–$0.06500 support zone, turning that area into a strong resistance.
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📊 KEY LEVELS
Resistance Levels:
🔸 $0.05150 (Short-term resistance)
🔸 $0.06000 (Breakdown origin / Major resistance)
Support Levels:
🔹 $0.04700 (Next immediate support)
🔹 $0.04400 (Previous demand zone)
Current Price: $0.04908
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📉 TRADE SETUP: SHORT POSITION
Entry (Short): $0.04900 – $0.05000 (on retest of minor resistance)
Target 1: $0.04700
Target 2: $0.04400
Stop Loss: $0.05200 (above short-term resistance)
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⚠️ TRADE CONFIRMATION
Look for a weak bounce or rejection at $0.05050–$0.05150.
If price breaks below $0.04700 with strong volume, expect continuation toward lower targets.
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🛡️ RISK MANAGEMENT
Risk only 1–2% of your portfolio per trade.
Stick to stop loss – bear markets can trap short-term traders with sudden bounces.
Don’t average down on losing trades in breakdown zones.
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💣 Summary: $MAV has entered a steep downtrend with no immediate signs of recovery. A weak bounce could offer a high-probability short entry. The next major support lies near $0.044 – remain cautious and trade with discipline.
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