MXC token has experienced a remarkable price surge of 70% in the past 24 hours, reaching a trading level of $0.0042. This rebound comes after a sharp pullback to $0.0023 following an explosive rally where its price more than quadrupled from approximately $0.0010 to peak at $0.0061 within just two days. Trading volume remains elevated compared to pre-breakout levels, indicating ongoing interest and potential for continued volatility. 4-hour chart analysis shows MXC reclaiming the EMA 20 and holding well above it as the moving average begins to slope upwards, a bullish sign. The token recently reclaimed a key level around $0.0040 after previously serving as resistance from a previous swing high, now acting as support.