Entering a Long at $MARSCOIN will likely get you liquidated soon.
The coin is in a descending channel, having fallen from 0.11 to 0.08.
Funding rates are significantly positive, meaning Long positions are currently paying Short positions.
Open interest has reached record levels.
A drop is expected to liquidate Long positions.
๐ด Current coin price: 0.0799
Correction targets: 0.07683/0.07490/0.07024
The coin is in a descending channel, having fallen from 0.11 to 0.08.
Funding rates are significantly positive, meaning Long positions are currently paying Short positions.
Open interest has reached record levels.
A drop is expected to liquidate Long positions.
๐ด Current coin price: 0.0799
Correction targets: 0.07683/0.07490/0.07024