Hello Crypto Lovers,

Mars Signals team wishes you high profits.

This is a one-day-time frame analysis for MCUSDT

There is R2 as a resistance area which represents the unsuccessful triumphs of the price to rise at several points. R1 used to be a support area. And at the bottom of the chart, we have S2 and S1 that used to be resistance areas. At the moment, we observe the fluctuation of price below R1 after its rising trend up to this point and our expectation would include a rise or a fall via some confirmation candles to receive. So by having some rising signs, there would be an increase predicted for the price to reach R1 or even higher than that by more fixation over that area. But if the price loses the support and falls toward S1 and even below it, more decline would happen to it. Do not forget to consider the market situation in lower time frames and then decide what to do; based on the multiple pieces of information which you would obtain from our updates and analyses.

Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.

Wish you luck

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