⚡️ Maverick at a Standstill? $MAV Needs a Push to Break Out ⚠️
$MAV is stuck in a tight range, trading around $0.1887 with little to no movement over the past few weeks. The token has been consolidating between $0.18 and $0.20, but there’s no clear direction. The moving averages (SMA 7, 25, and 99) are sloping downward, indicating that the overall trend remains bearish.
The MACD is showing weakness, with the lines hovering close to zero and the histogram offering no signs of bullish momentum. Volume is also low, signaling a lack of interest from both buyers and sellers. If MAV doesn’t break above the $0.20 resistance soon, we could see the price fall back to the $0.15 support level. 📉
That being said, a breakout above $0.20 could change the game, potentially pushing MAV toward $0.25. But for now, the odds favor a downward move unless a surge in buying pressure materializes. Stay cautious, traders. 🤔
