When a token drops 12.7% on the week yet refuses to break a razor-thin floor, smart money pays attention. Maverick Protocol (MAV) is pinned near the bottom of its range around $0.05655 while repeatedly defending $0.05465 support—at the same time it’s showing relative strength against BTC and ETH. This kind of compression rarely lasts: it typically resolves in a decisive breakout or breakdown. The question is which side takes control first.
What’s happening now
MAV is trading in a tight band between a firm support at $0.05465 and an immediate cap at $0.05874. Price is down against the U.S. dollar but up roughly +2.3% vs BTC and +3.2% vs ETH—an important divergence that hints at relative resilience even as USD pairs stay heavy. Above, higher resistance levels sit at $0.08340, $0.13557, $0.24909, and $0.33438.
Why this matters to traders
- Tight ranges at major support often precede strong directional moves. - Outperformance versus majors during dollar weakness can signal accumulation. - The closer price coils under a clear resistance like $0.05874, the more explosive a confirmed break can be—up or down.
Key levels and ranges
- Support: $0.05465 (range low and invalidation pivot)
- Range lid: $0.05874 (near-term breakout trigger)
- Upside markers: $0.08340 → $0.13557 → $0.24909 → $0.33438
- Range mid (reference): ~$0.0567–$0.0572 (intraday control zone)
Actionable playbook
- Range trade (only while intact): Consider fading moves toward $0.05465 with tight risk; reduce exposure near $0.05874. Invalidate on a strong close below support.
- Breakout confirmation: Wait for a 4H/D close above $0.05874 with expanding volume (e.g., >1.5x recent average) and a clean retest holding as support. Initial upside room toward $0.063–$0.065, then $0.08340.
- Breakdown plan: If $0.05465 fails on a high-volume close, avoid catching falling knives. Look for a sweep-and-reclaim setup (quick recovery back above $0.05465) or wait for a fresh base to form.
- Risk controls: Use ATR-based stops or a defined invalidation (e.g., 0.5–1.0% beyond key levels). Keep position size modest given elevated volatility.
- Signal checklist: Confirm with market breadth (BTC dominance/direction), funding and open interest stability, and whether spot leads perps on the break.
Risks, traps, and invalidation
- Fakeouts: Expect liquidity hunts around $0.05874 and $0.05465. No follow-through and shrinking volume = trap risk.
- Macro correlation: A BTC leg down can invalidate local setups quickly; correlate decisions with BTC’s trend and dollar strength.
- Momentum decay: Multiple failed attempts at $0.05874 without volume expansion favor sellers; a daily close under $0.05465 opens lower prices.
Bottom line
MAV is at an inflection: hold-and-turn above $0.05465 could spring a squeeze through $0.05874, while a decisive loss of support invites downside discovery. Let the level break first, then trade the retest with disciplined risk—range edges are opportunities, but only with confirmation.
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