đš $MARSCOIN UPDATE đ
MARSCOIN failed to hold the key Point of Interest (POI), and things are looking increasingly bearish.
Buyers couldnât defend the demand zone, and price has now broken below this critical support area. This raises the risk of further downside if sellers maintain control.
đ» What Iâm watching:
$0.0800â$0.0754: Immediate downside area to watch.
$0.0754: A break below this recent low could open the door to further losses.
Bullish recovery: Price needs to reclaim the broken demand zone before I consider a stronger recovery scenario.
For now, Iâm leaning bearish until the chart shows otherwise. â ïž
Stay patient, manage your risk, and donât catch a falling knife.
What do you think? More downside for $MARSCOIN or a potential bounce here? đ
#MARSCOIN #Crypto #Altcoins #TechnicalAnalysis
MARSCOIN failed to hold the key Point of Interest (POI), and things are looking increasingly bearish.
Buyers couldnât defend the demand zone, and price has now broken below this critical support area. This raises the risk of further downside if sellers maintain control.
đ» What Iâm watching:
$0.0800â$0.0754: Immediate downside area to watch.
$0.0754: A break below this recent low could open the door to further losses.
Bullish recovery: Price needs to reclaim the broken demand zone before I consider a stronger recovery scenario.
For now, Iâm leaning bearish until the chart shows otherwise. â ïž
Stay patient, manage your risk, and donât catch a falling knife.
What do you think? More downside for $MARSCOIN or a potential bounce here? đ
#MARSCOIN #Crypto #Altcoins #TechnicalAnalysis