$MARSCOIN 3.5x Volume Dump Signals Distribution as Longs Get Wrecked
My bias remains bearish on $MARSCOIN . The 1H structure is printing lower highs and lower lows, while BTC remains bearish alongside it. The sharp -23.9% slide with 3.5x volume and a sweep below 0.1560 looks more like distribution and long liquidation than a dip worth buying.
Open interest is bleeding while sellers continue dominating taker flow, keeping the setup tilted toward further downside rather than a V-shaped reversal.
I expect 0.1488 to be tested first, followed by 0.1191 if that support fails.
Short Entry Zone: 0.1560–0.1580 after a failed reclaim or rejection.
TP1: 0.1488
TP2: 0.1191
Invalidation: 1H close above 0.1969
Do not chase the dump mid-candle. I want a clear 1H rejection, engulfing candle, or lower-timeframe bearish structure shift before entering. Daily and weekly remain range-bound, so this looks like a local bearish leg within a larger range.
#MARSCOIN #CryptoTrading #Altcoin #TechnicalAnalysis #CryptoSignals $MARSCOIN
My bias remains bearish on $MARSCOIN . The 1H structure is printing lower highs and lower lows, while BTC remains bearish alongside it. The sharp -23.9% slide with 3.5x volume and a sweep below 0.1560 looks more like distribution and long liquidation than a dip worth buying.
Open interest is bleeding while sellers continue dominating taker flow, keeping the setup tilted toward further downside rather than a V-shaped reversal.
I expect 0.1488 to be tested first, followed by 0.1191 if that support fails.
Short Entry Zone: 0.1560–0.1580 after a failed reclaim or rejection.
TP1: 0.1488
TP2: 0.1191
Invalidation: 1H close above 0.1969
Do not chase the dump mid-candle. I want a clear 1H rejection, engulfing candle, or lower-timeframe bearish structure shift before entering. Daily and weekly remain range-bound, so this looks like a local bearish leg within a larger range.
#MARSCOIN #CryptoTrading #Altcoin #TechnicalAnalysis #CryptoSignals $MARSCOIN