Major price

Market Structure and Momentum

Major (MAJOR) is showing a fragile short-term recovery structure within a broader bearish trend. Bitget’s daily technical dashboard records 15 sell signals, 7 neutral signals, and 3 buy signals; moving averages account for 13 sell signals, 1 neutral signal, and 1 buy signal, indicating that the rebound has not yet reversed the prevailing trend.

Momentum is mixed rather than decisively bearish: RSI(14) is 48.46, Stochastic is 27.55, and StochRSI is 0.01528, all within neutral or recovering territory. However, MACD(12,26) is 0.0009178 with a sell reading, while ROC is -6.6976, showing that downside momentum remains present. ADX is 45.01, which indicates a meaningful trend, so failed rebounds may continue to attract sellers.

Key Levels

The primary short-term support zone is $0.03984–$0.03986, aligned with the classic S1 pivot near $0.03986. A sustained break below this area would expose $0.03887, followed by $0.03790 and the broader cycle floor near $0.03253.

The first resistance cluster is located at $0.04110–$0.04133, followed by the central pivot near $0.04083 and the stronger resistance band at $0.04183–$0.04280. A daily close above $0.04280 would improve the recovery structure and open the way toward $0.04380 and potentially $0.04600.

Major remains below its 10-day EMA at $0.04244, 20-day EMA at $0.04210, 30-day EMA at $0.04127, 50-day EMA at $0.04059, 100-day EMA at $0.04301, and 200-day EMA at $0.04739. The 50-day SMA at $0.03832 is the main moving-average support, while the 200-day SMA at $0.05302 confirms that the longer-term structure remains under pressure.

Fundamental and News Drivers

No material Major-specific announcement was identified in the latest 24-hour news search. The absence of a fresh catalyst suggests that recent movement is being driven primarily by liquidity, short-term positioning, and broader sentiment toward the TON ecosystem rather than by a confirmed change in project fundamentals.

Major’s distinctive feature is its Telegram-native gaming and social model. The project combines a star-collecting game with leaderboard competition, rewards, NFT-related services, an on-chain gift marketplace, Telegram Stars, Telegram Premium, and business-card functionality. This creates a direct link between MAJOR demand and user engagement, feature adoption, transaction activity, and liquidity within Telegram-based applications.

The token has a maximum supply of 100 million MAJOR, with approximately 83.35 million tokens in circulation. The relatively small market capitalization and limited market depth can amplify both positive ecosystem catalysts and liquidity-driven declines, making volume confirmation especially important.

Scenario Outlook

Optimistic scenario: If MAJOR holds the $0.03984–$0.03986 support zone, reclaims $0.04133, and breaks above $0.04280 with expanding volume, the recovery could extend toward $0.04380 and $0.04600. A subsequent move above the $0.04739 200-day EMA would be a more meaningful confirmation of trend improvement.

Bearish scenario: A decisive close below $0.03984 would weaken the rebound and shift attention toward $0.03887 and $0.03790. If those levels fail, the cycle support near $0.03253 becomes vulnerable. A bounce that remains below the $0.04110–$0.04133 resistance cluster would continue to represent a corrective move rather than a confirmed reversal.

Trading Strategies

Conservative investors may wait for a daily close above $0.04280 accompanied by stronger volume and an RSI recovery above 50. A logical invalidation area is below $0.03984, with staged profit-taking near $0.04380 and $0.04600.

Moderate-risk traders may consider staggered entries within $0.03984–$0.04020 only after a visible support reaction. Exposure should remain limited because MAJOR’s Telegram gaming narrative is highly dependent on user activity and the token can experience sharp liquidity-driven fluctuations.

Short-term traders can monitor the $0.03984–$0.04280 range. Buying near support is preferable only after confirmation of a rebound, while rejection near $0.04133 or $0.04280 may justify reducing exposure. Breakout trades should require expanding volume, improving MACD momentum, and a sustained move above the relevant resistance level.

Market Consensus

The current consensus is neutral to cautiously bearish: RSI and Stochastic readings do not indicate extreme selling, but the negative MACD signal, weak rate-of-change reading, and broad moving-average sell structure argue against treating the rebound as a confirmed trend reversal. Bitget’s technical framework favors patience until MAJOR reclaims $0.04280 with stronger participation, while a loss of $0.03984 would reinforce the downside scenario. MAJOR’s Telegram-native utility remains its main differentiator, but sustained appreciation requires evidence of renewed user demand, ecosystem activity, and deeper liquidity.