$MAV 💡Market Insights

$MAV showed strong momentum during the day, bouncing back from a deep decline and attracting buyers near support. If buying volume continues, it is likely to test the 0.05900–0.05987 area. Maintaining a level above 0.05600 will be crucial for sustaining this upward movement.

Strong recovery during the day

$MAV is trading at 0.05718 (+7.54%), showing a strong recovery from the day's low of 0.05302. This upward rebound indicates new buying pressure, with the price now trading near short-term resistance. A breakout above 0.05800 could stimulate additional upward momentum towards key resistance levels.

Support and Resistance

• Resistance: 0.05800 – 0.05900 – 0.05987

• Support: 0.05600 – 0.05500 – 0.05302

🔸Trading Setup

• Entry Area: 0.05650 – 0.05700

• Stop Loss: 0.05520

Profit Target 1: 0.05800

Profit Target 2: 0.05900

Profit Target 3: 0.05987

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