$MARSCOIN /USDT: Short Setup (Light Size)
$MARSCOIN keeps sliding while many traders are hunting for a bottom. The charts currently lean bearish.
Bias: Short (moderate conviction)
Entry zone:0.10942 â 0.11016
đŻ **Targets**
âą TP1: 0.10260 (â -6.5%)
âą TP2: 0.09781 (â -10.9%)
âą TP3: 0.09063 (â -17.5%)
đStop-loss:** 0.11937 (â +8.7%)
Why bearish:
âą 4H: price below both EMA50 and EMA200, so the swing trend is down
âą 1H: price below both EMAs, so the short-term trend is down too
âą 4H RSI around 39, so sellers hold the momentum
âą 1H RSI at 45.6 is neutral and only 4 of 11 signals agree, so keep position size small
**Plan:** Enter only inside the zone, take half off at TP1, then move the stop to entry. If price hits 0.11937, the setup is invalid.
Will you short at the entry zone, or wait for a lower level?
Not financial advice. Do your own research and manage your risk.
#MARSCOIN #Short #CryptoTrading #BinanceSquare
$MARSCOIN keeps sliding while many traders are hunting for a bottom. The charts currently lean bearish.
Bias: Short (moderate conviction)
Entry zone:0.10942 â 0.11016
đŻ **Targets**
âą TP1: 0.10260 (â -6.5%)
âą TP2: 0.09781 (â -10.9%)
âą TP3: 0.09063 (â -17.5%)
đStop-loss:** 0.11937 (â +8.7%)
Why bearish:
âą 4H: price below both EMA50 and EMA200, so the swing trend is down
âą 1H: price below both EMAs, so the short-term trend is down too
âą 4H RSI around 39, so sellers hold the momentum
âą 1H RSI at 45.6 is neutral and only 4 of 11 signals agree, so keep position size small
**Plan:** Enter only inside the zone, take half off at TP1, then move the stop to entry. If price hits 0.11937, the setup is invalid.
Will you short at the entry zone, or wait for a lower level?
Not financial advice. Do your own research and manage your risk.
#MARSCOIN #Short #CryptoTrading #BinanceSquare
