MAV - 769% profit in 2024, buy now

MAV is starting a parabolic phase, as you can see on the chart. The price hit an all-time high on Binance, and the resistance turned into a support. The previous ATH must hold for the continuation of the uptrend (0.5824). Where to take profit? 1.97 is the first strong resistance because it's the highest traded price on Binance. But we should go much higher than that. 6.56 is the minimum profit target. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.

About Maverick Protocol

Maverick Protocol is a DeFi infrastructure provider focused on increasing industry efficiency, powered by Maverick AMM. Maverick is backed by Founders Fund, Pantera Capital, Coinbase Ventures, Binance Labs, Circle Ventures, Gemini, etc.

Maverick’s eliminating inefficiency from DeFi by helping users put their liquidity where it can do the most work. It’s building in 3 phases:

Capital Efficiency: launched the first Dynamic Distribution AMM
Liquidity Incentivization Efficiency: launched lquidity shaping tool - Boosted Position
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Comment:

I am very bullish on MAV. The previous ATH support line must hold.