Maverick Protocol/Bitcoin (MAVBTC) Market Analysis Shows Bearish Trend on 2025-09-22

Derived from BitJie, the Maverick Protocol/Bitcoin (MAVBTC) pair showed a bearish trend on September 22, 2025. The price ranged between 6.5e-07 and 5.4e-07, with a 400-basis-point surge between 22:30 and 23:00 ET. RSI remained below 50 for most of the day, and Bollinger Bands contracted before expanding sharply. Volume spiked overnight, confirming the downward movement. The 15-minute chart displayed a strong bearish bias after 22:30 ET, with a bearish engulfing candle and potential continuation patterns near 6.1e-07. Key support levels are forming at 6.1e-07 and 5.9e-07, while resistance remains at 6.3e-07. The 20-period and 50-period moving averages on the 15-minute chart showed a bearish crossover, and the daily chart indicated the pair is below both the 50-day and 200-day moving averages. MACD showed bearish divergence, and RSI dropped below 30 overnight, signaling oversold conditions, though no reversal occurred. Bollinger Bands expanded after a contraction, with price near the lower band. Volume surged overnight, especially between 2:30 and 4:00 ET, reinforcing the bearish trend. Fibonacci retracement levels suggest 5.9e-07 as a key support, with a potential next target at 5.6e-07 if 5.8e-07 is breached.