The SNDK strategy I shared earlier has already hit its profit target in the previous round. I haven’t seen any fresh capital coming in, but the market has already found its calm. During the $MARSCOIN chop, I prefer to look for assets with clean technical structures, and MARSCOIN is one that looks somewhat bearish. The moving averages on both the 4-hour and 1-hour charts are aligned bearishly, and the price is below the EMA50. Any rebound looks more like an opportunity for bears to step in.
The 4-hour RSI is below 45, so sellers still have the upper hand. The one thing to watch is that large bullish candle on high volume, which suggests there really are buyers stepping in. So don’t rush into a short—wait for a bounce back into the range before considering an entry. Start small and aim for the first target. Once it hits, close half the position and move your stop-loss to breakeven for a more cautious approach.
🔴 Trade direction: Short
📍 Entry zone: 0.0938033 – 0.0943504
🛑 Stop-loss: 0.0993724
🎯 Take-profit 1: 0.0901052
🎯 Take-profit 2: 0.0874574
🎯 Take-profit 3: 0.0834857
Still waters run deep, holding far-sighted wisdom; through the market’s ups and downs, remain composed.
Stand with Sister Fei and read the pulse of the surging tides of wealth.
#MARSCOIN
Click below to trade 👇
The 4-hour RSI is below 45, so sellers still have the upper hand. The one thing to watch is that large bullish candle on high volume, which suggests there really are buyers stepping in. So don’t rush into a short—wait for a bounce back into the range before considering an entry. Start small and aim for the first target. Once it hits, close half the position and move your stop-loss to breakeven for a more cautious approach.
🔴 Trade direction: Short
📍 Entry zone: 0.0938033 – 0.0943504
🛑 Stop-loss: 0.0993724
🎯 Take-profit 1: 0.0901052
🎯 Take-profit 2: 0.0874574
🎯 Take-profit 3: 0.0834857
Still waters run deep, holding far-sighted wisdom; through the market’s ups and downs, remain composed.
Stand with Sister Fei and read the pulse of the surging tides of wealth.
#MARSCOIN
Click below to trade 👇