$MARSCOIN reclaim again from the correct price zone that was already supporting it twice within the month.
The coin was listed on Binance only 23 days ago. In the first session it pumped immediately by 76%, then it almost fully retraced within the following two weeks. The price fell from $0.2675 to $0.0825. On 09/22, the price bounced back by 38.9% in one session, accompanied by $42.76M in volume — the second heaviest session since the listing.
At present, the price is holding above the EMA20 and EMA50 on both the 4-hour and 1-hour timeframes. It is now testing the resistance zone at $0.1254, where price has been rejected four times recently. If it loses the support zone at $0.1185, then this rebound is basically running out of steam.
$MARSCOIN just came to Binance 23 days ago; Binance classifies it under the Seed group — highly volatile, with still thin liquidity.
Personal observation only, not investment advice
#MARSCOIN #Meme #Altcoin #Crypto
The coin was listed on Binance only 23 days ago. In the first session it pumped immediately by 76%, then it almost fully retraced within the following two weeks. The price fell from $0.2675 to $0.0825. On 09/22, the price bounced back by 38.9% in one session, accompanied by $42.76M in volume — the second heaviest session since the listing.
At present, the price is holding above the EMA20 and EMA50 on both the 4-hour and 1-hour timeframes. It is now testing the resistance zone at $0.1254, where price has been rejected four times recently. If it loses the support zone at $0.1185, then this rebound is basically running out of steam.
$MARSCOIN just came to Binance 23 days ago; Binance classifies it under the Seed group — highly volatile, with still thin liquidity.
Personal observation only, not investment advice
#MARSCOIN #Meme #Altcoin #Crypto
