Maverick Protocol/Bitcoin (MAVBTC) Market Overview – September 5, 2025
Source: CoinWorld
Time: 2025-09-05 22:25:25
MAVBTC formed a bullish engulf pattern after overnight consolidation, breaking through 6.9e-07 to 7.1e-07, with trading volume soaring between 02:15 and 05:00 ET. RSI entered overbought areas above 70 at 06:00 ET, indicating that momentum may be exhausted, while the price held key support at 6.8e-07. The Bollinger Bands tightened before the breakout, suggesting that the uptrend continued, but the decline in trading volume has sparked sustainability concerns.