MARSCOIN USDT - First Bounce After 63 Percent Drop

Price: 0.1149, 24h -11.2 percent

High 0.1317 / Low 0.0979

Volume 312M MARSCOIN, about 34.5M USDT - heavy dump volume

Order Book:

- Ratio 1.09, bid heavy but thin

- Bid 74k USDT vs Ask 68k USDT

- Spread 0.17 percent, wide, expect slippage

Daily - falling knife, 7 candles:

- High 0.2675 to Low 0.0979, down about 63 percent from top

- Price under e9 0.155 and e21 0.174, bearish

- Closes: 0.1962, 0.1564, 0.13, 0.1072, 0.1149 - first green candle

- Below VWAP 0.165, MACD negative

4H - bearish but basing:

- e9 0.1159 under e21 0.1326 under e200 0.1467

- RSI 10 at 40.7, neutral bearish

- MACD histogram flattening, selling slowing

- 22 percent of 20 period range, below VWAP 0.1314

1H - first reversal attempt:

- Price 0.1149 above e9 0.1085 and e21 0.1110, above VWAP 0.1077

- RSI 10 at 58.4, bullish momentum

- MACD bull cross

- Closes rising: 0.1025, 0.1051, 0.1116, 0.1149

- 71 percent of 20 period range, ATR 6 percent, volatile

Levels:

- Support: 0.1077 (1H VWAP), 0.105, 0.1025, 0.098 (low)

- Resistance: 0.119 (1H upper band), 0.122 (range high), 0.1317 (24h high)

Trade plan - bounce only, not trend flip:

- Entry: 0.108 to 0.115 on hold above 0.1077

- Stop loss: 0.1025 close below, invalidation under 0.105

- TP1: 0.119

- TP2: 0.122

- TP3: 0.1317

- Exit all if 1H closes back under 0.105

Verdict:

Watch to early bounce. 1H reclaim is the earliest tradable long signal, but Daily and 4H are still bearish and BTC is weak. No chase, wait for hold above 0.1077 or 4H reclaim above 0.132 for trend change.

Trade on Binance Spot and Futures with tight risk. Not financial advice.