📊 $MRNA Technical Analysis & Setup
The 1h market structure remains firmly bearish, driven by persistent lower highs and lower lows despite a recent liquidity sweep above 249.54. Sellers maintain control while price stays capped below the trend flip level at 259.24.
• Key Support / Demand: 246.50 (nearest support), 243.43 (swing low), and major 1h demand at 228.83
• Resistance / Supply Targets: 250.70–251.25 minor supply zone, with major trend resistance at 259.24
• Trigger / Confirmation: Short entries on a lower-timeframe bearish rejection or structure shift in the 250.70–251.25 zone
• Risk / Invalidation: A 1h close above 259.24 invalidates the bearish bias and flips structure bullish
• Market Execution: Monitor order book depth and volume confirmation closely during retests
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #MRNA #Trading
The 1h market structure remains firmly bearish, driven by persistent lower highs and lower lows despite a recent liquidity sweep above 249.54. Sellers maintain control while price stays capped below the trend flip level at 259.24.
• Key Support / Demand: 246.50 (nearest support), 243.43 (swing low), and major 1h demand at 228.83
• Resistance / Supply Targets: 250.70–251.25 minor supply zone, with major trend resistance at 259.24
• Trigger / Confirmation: Short entries on a lower-timeframe bearish rejection or structure shift in the 250.70–251.25 zone
• Risk / Invalidation: A 1h close above 259.24 invalidates the bearish bias and flips structure bullish
• Market Execution: Monitor order book depth and volume confirmation closely during retests
DYOR — Educational setup, not financial advice.
#BinanceSquare #Crypto #MRNA #Trading
