$MARSCOIN up more than 7% after a week of consecutive declines. Resistance is just overhead.
From its recent peak of 0.0962 on 10/10, MARSCOIN fell steadily to a low of 0.0702 on 18/10, losing more than 27% in 8 sessions.
Today, the price bounced back, rising 7.5% in 24 hours, and is testing the 0.0824 resistance zone on the 4-hour chart, where it was rejected twice recently.
The daily RSI has only edged up to 35, remaining in weak territory after the prolonged decline. Volume on the latest 4-hour candle is again below the 20-candle average, with no clear sign yet of strong buying pressure returning.
MARSCOIN was listed on Binance just 45 days ago. It is in the Seed category, highly volatile, and still has thin liquidity.
Personal observation, not investment advice
#TheoDõiFOMC #TinFed #MARSCOIN
From its recent peak of 0.0962 on 10/10, MARSCOIN fell steadily to a low of 0.0702 on 18/10, losing more than 27% in 8 sessions.
Today, the price bounced back, rising 7.5% in 24 hours, and is testing the 0.0824 resistance zone on the 4-hour chart, where it was rejected twice recently.
The daily RSI has only edged up to 35, remaining in weak territory after the prolonged decline. Volume on the latest 4-hour candle is again below the 20-candle average, with no clear sign yet of strong buying pressure returning.
MARSCOIN was listed on Binance just 45 days ago. It is in the Seed category, highly volatile, and still has thin liquidity.
Personal observation, not investment advice
#TheoDõiFOMC #TinFed #MARSCOIN