Maverick Protocol/Bitcoin Market Overview

• Price action remained range-bound around 3.2e-07 to 3.3e-07.
• Volume concentrated in two 15-min intervals: 17:00 ET and 04:15 ET.
• RSI near 50 suggests neutral momentum with no clear overbought or oversold signals.
• Bollinger Bands showed low volatility with price tightly aligned to the midline.
• No major Fibonacci retracement levels were triggered in the 24-hour period.

Maverick Protocol/Bitcoin (MAVBTC) opened at 3.3e-07 on 2025-11-10 12:00 ET, reaching a high of 3.3e-07 and a low of 3.2e-07 before closing at 3.2e-07 on 2025-11-11 12:00 ET. Total volume for the 24-hour period was 98,903.0, while notional turnover remains indeterminate due to missing "amount" units.

The 24-hour price action displayed limited movement within a tight range of just 0.000000001 BTC. No significant candlestick patterns such as engulfing or doji emerged, and all candles remained neutral in form. A lack of volatility was evident, with Bollinger Bands compressing to reflect subdued trading conditions. The 20-period and 50-period moving averages on the 15-minute chart were closely aligned, indicating a lack of directional bias. MACD remained near zero, reinforcing the notion of flat momentum. RSI hovered near 50, consistent with equilibrium in the market’s short-term sentiment.

Fibonacci retracements based on the recent swing from 3.2e-07 to 3.3e-07 showed price testing the 38.2% level at 3.26e-07 and 61.8% at 3.23e-07, but neither level attracted notable buying or selling pressure. The low volume profile across the majority of the 15-minute candlesticks suggests limited participation, though the two significant spikes (66,575.0 and 12,668.0) indicate occasional liquidity events. Notional turnover diverged in these high-volume intervals, suggesting potential order block formations or liquidity exhaustion points.

The price could test the immediate 3.2e-07 support and 3.3e-07 resistance again if volume picks up. While the current environment is directionless, a breakout from the 15-minute range could trigger a more defined trend. Investors should remain cautious, as the lack of volume makes predicting directionality challenging.

Backtest Hypothesis

The backtest strategy described attempts to trigger a historical price event-based model using the ticker symbol “MAVBTC.” However, the backtest engine returned an error, indicating it could not find price data for the ticker. This is likely due to the system expecting a more specific format, such as an exchange-qualified ticker (e.g., “BINANCE:MAVBTC”) or a fiat-backed pair (e.g., “MAVUSDT”). If the symbol is corrected or a local price file is provided, the backtest can proceed. Given the tight range and low volume in the 15-minute data, any backtest strategy would benefit from using higher timeframes or incorporating volume thresholds to filter noise.