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Price crashed from 026790 all the way down to 009787, but it has now climbed back above both EMA5 (011994) and EMA10 (012016). The MACD histogram has also turned positive, with the MACD line at 000157 crossing above the signal line. That tells me sellers are losing momentum and buyers are starting to step in.
However, the EMA30 at 012743 is still acting as overhead resistance, and the price is currently trading just below it. If MARSCOIN can break and hold above 012743, the next leg up could be strong.
Entry: 012100 - 012200
Stop Loss: 011300
TP1: 013000
TP2: 014000
TP3: 015500
Do you think MARSCOIN will break through 012743, or will it get rejected at resistance again? Drop your thoughts below.