• The MAV is currently trading at $0.05655 and remains above the robust support at 0.05465 with a weekly fall of 12.7%.
• The token was up 2.3% against Bitcoin and 3.2 percent against Ethereum but dropped in terms of value against the U.S. dollar.
• The zone of resistance at 0.05874 remains limiting further advance, with additional targets at 0.08340 and above.

Maverick Protocol (MAV) is trading at the lower end of its range as the wider crypto market is plagued by heightened uncertainty. The latest market figures have the token trading at $0.05655, a loss of 12.7% over the last week. 

Despite the pressure, MAV has managed to trade above its critical support line at $0.05465, which has repeatedly provided a floor in the most recent trading sessions. The market now waits to see whether this consolidation can hold, as buyers attempt to stave off additional downside momentum.

MAV Holds Narrow Range as Dollar Value Weakens 

Within the last 24 hours, MAV has traded around a tight range with declines and increases hitting a high of the resistance at 0.05874 and low of 0.05465 respectively. Such a narrow range indicates careful trading in the face of wider market volatility. 

Strikingly, the support has been held, even when the asset was registering a steady drop in value all through the week. Traders highlight that price stability at this zone indicates ongoing defense of key technical levels, with the market reluctant to push the token below its established base.

Against Bitcoin, MAV is priced at 0.064969 BTC, marking a 2.3% increase in relative performance. Similarly, MAV has gained 3.2% against Ethereum, trading at 0.00001345 ETH. These gains against major cryptocurrencies contrast with the token’s recent decline in U.S. dollar value. This divergence suggests that while MAV has weakened against the dollar, it has shown resilience when measured against leading assets. The data points to relative stability within the broader market pairings, despite the ongoing downward pressure in fiat terms.

Technical Indicators and Resistance Outlook

MAV’s price structure shows repeated testing of resistance at $0.05874, which has capped upward momentum. The current positioning indicates a defined barrier that buyers must overcome to establish further progress. 

Meanwhile, the asset remains significantly below its higher resistance levels, with $0.08340, $0.13557, $0.24909, and $0.33438 marking potential future targets. The proximity to support, however, continues to dominate short-term sentiment, as the token trades within a confined structure.