What’s next for $MARSCOIN ? So yesterday, when it was around $0.17, I told you guys it could touch $0.23 within a few hours and within just a few hours, it touched around $0.26. Now it’s just doing a little correction.
So now let me explain the psychology of traders.
We have seen a huge green daily candle, so most people are thinking, “This is a new token, it already pumped too much, so it should dump now,” right? Because of that, many traders are becoming extremely bearish and opening short positions.
Yesterday, we already explained that it might pump harder to liquidate the big whales who are shorting. But until now, we still haven’t seen any really huge whale liquidation….
So there is still a possibility that $MARSCOIN pumps more to hunt those big short positions.
So now let me explain the psychology of traders.
We have seen a huge green daily candle, so most people are thinking, “This is a new token, it already pumped too much, so it should dump now,” right? Because of that, many traders are becoming extremely bearish and opening short positions.
Yesterday, we already explained that it might pump harder to liquidate the big whales who are shorting. But until now, we still haven’t seen any really huge whale liquidation….
So there is still a possibility that $MARSCOIN pumps more to hunt those big short positions.
