Market Overview: MAVTRY 24-Hour Technical Breakdown

• MAVTRY opened at $2.53 and closed at $2.49, forming a bearish 24-hour body with a 1.97% decline.
• A key support level appears near $2.42–2.45, with rejection seen on multiple occasions.
• Volatility expanded significantly, with total volume exceeding 13.5M tokens and turnover surging.
• RSI fell into oversold territory during the night, hinting at possible short-term rebound.
• The 20-period moving average failed to provide support, reinforcing the bearish trend.

Maverick Protocol’s MAVTRY opened at $2.53 on 2025-08-26 12:00 ET, hit a high of $2.65 and a low of $2.42, and closed at $2.49 at 12:00 ET on 2025-08-27. Total volume reached 13.5 million tokens, with a notional turnover of approximately $34.2 million, reflecting heightened volatility.

Structure & Formations

The price action displayed a strong bearish bias, with MAVTRY forming multiple rejection candles near the $2.42–2.45 range. A notable bearish engulfing pattern appeared during the early hours of 2025-08-27, confirming downward momentum. A doji formed near $2.42, indicating a potential short-term pause in the sell-off. Key resistances are now at $2.50 and $2.55, while support levels at $2.43 and $2.40 are critical for near-term direction.

Moving Averages

On the 15-minute chart, the 20-period moving average failed to hold at $2.53, reinforcing the bearish bias. The 50-period MA is currently near $2.55, acting as a psychological ceiling. On the daily chart, the 50-period and 200-period MAs are converging, suggesting MAVTRY may be in a larger consolidation phase following a recent downtrend.

MACD & RSI

The 15-minute MACD crossed into bearish territory during the late hours of 2025-08-26, confirming the sell-off. RSI dropped below 30 in the early morning hours of 2025-08-27, hinting at a potential rebound. However, the divergence between RSI and price action suggests caution — a bounce may not be enough to reverse the trend.

Bollinger Bands

Volatility expanded as MAVTRY traded near the lower Bollinger Band for much of the 24-hour period, with a brief contraction observed near $2.55. Price appears to be testing the band’s lower boundary, suggesting a possible retest of $2.40 could be on the cards if the downward move continues.

Volume & Turnover

Volume spiked during the early hours of 2025-08-27, with over 1 million tokens traded in the 15-minute window between 08:15–08:30 ET. Turnover also surged, with notional value exceeding $2.5 million during that period. However, price failed to respond to the bullish volume, indicating weak conviction from buyers.

Fibonacci Retracements

Applying Fibonacci levels to the recent 15-minute swing from $2.65 to $2.42, key retracement levels sit at $2.52 (38.2%) and $2.56 (61.8%). MAVTRY tested $2.52 during the afternoon of 2025-08-27, failing to break through. A move above $2.56 could signal a resumption of the uptrend, but for now, the 61.8% level appears unattainable.

MAVTRY may test $2.40–2.42 in the next 24 hours if the current bearish momentum continues. However, a rebound around $2.48–2.50 could occur due to RSI overbought conditions. Investors should closely monitor volume and the 50-period MA for signs of reversal or continuation.