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MAV / TetherUS
Long

MAVUSDT Forming Falling Channel

20
MAVUSDT has recently broken out of a falling channel pattern, signaling a potential trend reversal from its prolonged downtrend. This breakout is supported by a noticeable surge in trading volume, adding strength to the bullish momentum. The chart shows that price has successfully retested the previous resistance zone, now acting as strong support. This structural shift provides a compelling setup for an explosive upward move, especially as momentum builds across the altcoin market.

Traders are closely watching MAV due to its technical setup, as well as the broader interest in decentralized finance (DeFi) protocols. The current price action hints at a high-probability bullish continuation, with a projected gain of 90% to 100%+ if bullish sentiment remains intact. The combination of solid support formation, high-volume breakout, and clear upside potential makes this a high-conviction play among smart money participants.

Maverick Protocol (MAV) is gaining attention for its unique approach to liquidity provisioning in DeFi. As the ecosystem matures and more investors look for efficient capital deployment strategies, protocols like MAV stand to benefit. The fundamentals, combined with the technical picture, suggest that the current levels may represent a key accumulation zone before a major breakout.

This setup could offer significant upside for early movers. Watching for follow-through candles and sustained volume above breakout zones will be key to validating the strength of this breakout move.

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