$MAT rina Protocol (BAY) is breaking out. Current price: $0.024468, surging 12.57%.
Market Cap: $4.89M
On-Chain Holders:33,746
On-Chain Liquidity:$723,166.89
FDV:$24.47M
The SUPERTREND(10,3) indicator confirms a strong bullish reversal is in progress. The trend has flipped upward, establishing new support at $0.020505. The price has cleared multiple levels and is now targeting significantly higher resistance, with the next major zone at $0.056285.
This represents a powerful move from the $0.024 zone, which now acts as support. The exceptionally large holder base suggests strong community backing. The FDV is substantially higher than the market cap, indicating most tokens are still locked. This breakout suggests early-stage price discovery, with substantial upside potential if the trend continues. Momentum is clearly to the upside.
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