๐ MAVUSDT 4H โ Breakout or Just a Quick Spike?
๐ August 12, 2025
Maverick Protocol (MAV) just surged +10.88% in the past 24 hours, breaking above the $0.061 resistance before pulling back slightly.
๐ Technical Analysis (4H Chart):
24h High: $0.06396
Nearest Support: $0.0564 (EMA50)
Strong Resistance: $0.0617 โ $0.0640 (Upper BB)
Volume: Sharp volume increase signals strong buying interest.
Stochastic RSI: 59.18 โ bullish momentum building.
Bollinger Bands: Price has pierced the upper band โ possible small pullback before continuation.
๐ Potential Strategy:
Bullish Scenario: Break above $0.064 with strong volume โ target $0.070.
Bearish Scenario: Drop below $0.056 โ possible correction toward $0.051.
๐ก Traderโs Note: Current move could be a fake breakout โ wait for a confirmed candle close above resistance for a safer entry.
โ Question for You:
Will MAV continue the rally, or will we see a retest to support first?
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