MAVUSDT recently broke down from a rising wedge pattern, initiating a corrective phase. Since the breakdown, the price has been steadily declining. This downward movement is anticipated to persist, with the price expected to reach the final bear target illustrated on the chart.
We should monitor key support levels during this correction and be prepared for a potential trend reversal once the projected target is achieved. The current price action suggests continued bearish pressure in the short term.
We should monitor key support levels during this correction and be prepared for a potential trend reversal once the projected target is achieved. The current price action suggests continued bearish pressure in the short term.
Trade active
Trade closed: target reached
Bear target achieved
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📢Follow the official links only! Trade smart, stay safe! 🎯
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Telegram: t.me/+m0IACMn0ul03OTFk
Forex zone: t.me/+piiPgrNtrulkNDk0
💎 Premium details: t.me/wcsepayment
📩 Promotion/Partnership: t.me/WESLAD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.