$MARSCOIN USDT
Current price 0.10606, variation -18.23% in 24h, volume 540.66M
SHORT bias
High confidence
Levels
Entry: 0.1055 – 0.1065
Stop Loss: 0.1120
TP1: 0.0990
TP2: 0.0920
TP3: 0.0850
Why this setup
The drop of more than 18% in a single day with very high volume indicates strong distribution and a sudden trend change. There are no absorption signals at the current support, and every rebound attempt is sold off quickly. The price has broken previous support structures, which now act as resistances. The weakness is widespread, and there is no inflow of capital stabilizing the move. Recovering 0.1120 would be the first sign of a potential recovery, but as long as the bearish bias remains, it stays valid.#Binance
Current price 0.10606, variation -18.23% in 24h, volume 540.66M
SHORT bias
High confidence
Levels
Entry: 0.1055 – 0.1065
Stop Loss: 0.1120
TP1: 0.0990
TP2: 0.0920
TP3: 0.0850
Why this setup
The drop of more than 18% in a single day with very high volume indicates strong distribution and a sudden trend change. There are no absorption signals at the current support, and every rebound attempt is sold off quickly. The price has broken previous support structures, which now act as resistances. The weakness is widespread, and there is no inflow of capital stabilizing the move. Recovering 0.1120 would be the first sign of a potential recovery, but as long as the bearish bias remains, it stays valid.#Binance
