#MAVIA
The price is moving in a downward trend on a 4-hour frame and we have a green support area at the 7.00 level
We have a higher stability moving average of 100
We have a breakout of the downtrend about to happen
Our RSI indicator has an uptrend divergence
Entry price 7.1
The first goal is 7.88
The second goal is 8.60
Third goal 9.32
MAVIAUSDT technical analysis update
MAVIA price exceeded the resistance line of a symmetrical triangle on the 4H chart after 45 days of formation.
Buy zone : Below $8.70
Stop loss : $7.75
Take Profit 1: $9.64
Take Profit 2: $11.25
Take Profit 3: $14.00
Regards
Hexa
Mavia is in good bullish momentum. It's actual stuck at resistance, and i am patiently waiting for a trigger. I want to see a break of red boxe (current resistance), touch of highs, retest of red box and then pump to new highs. My main target is the red line around 11
📊Analysis by AhmadArz:
buy in midll big shadow
🔍Entry: 0.636
🛑Stop Loss: 0.615
🎯Take Profit: 0.666
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