MARSCOIN is dumping 15% and the chart looks like a falling knife. 🔪
RSI 37 on 4H — weak and getting weaker. MACD histogram negative and expanding. Volume is thin (0.48x average) which means there's no real buying support underneath.
📊 Why This Trade:
Price is below ALL moving averages on 4H. L/S ratio at 1.14 — not heavily shorted yet, so the squeeze risk is low. This is a momentum short riding the downtrend.
🎯 Trade Plan (SHORT):
• Entry: $0.0984 – $0.1072
• Stop Loss: $0.1203 (above SMA7 4H)
• TP1: $0.0955
• TP2: $0.0886
Does MARSCOIN find support here or is this going lower? Bears or bulls — who wins? 👇
#MARSCOIN #CryptoTrading #DYOR
⚠️ Not financial advice. DYOR. Crypto is volatile — never risk more than you can afford to lose.
RSI 37 on 4H — weak and getting weaker. MACD histogram negative and expanding. Volume is thin (0.48x average) which means there's no real buying support underneath.
📊 Why This Trade:
Price is below ALL moving averages on 4H. L/S ratio at 1.14 — not heavily shorted yet, so the squeeze risk is low. This is a momentum short riding the downtrend.
🎯 Trade Plan (SHORT):
• Entry: $0.0984 – $0.1072
• Stop Loss: $0.1203 (above SMA7 4H)
• TP1: $0.0955
• TP2: $0.0886
Does MARSCOIN find support here or is this going lower? Bears or bulls — who wins? 👇
#MARSCOIN #CryptoTrading #DYOR
⚠️ Not financial advice. DYOR. Crypto is volatile — never risk more than you can afford to lose.