$MPLX is consolidating around 0.02867 after a pullback from recent highs near 0.031, showing short-term selling pressure but no sharp breakdown. The moderate market cap and decent on-chain liquidity suggest traders are repositioning rather than fully exiting. From experience, coins like MPLX often trade sideways before deciding the next move, so patience is key. Watching the 0.0285–0.0287 zone is crucial — holding this level could allow a recovery bounce, while breaking it may trigger quick stop-outs. Momentum indicators hint caution, so waiting for confirmation before taking positions is the safest approach.