MARA Short-term analysis | Trading and expectations

TradingView2026/05/12 10:42

By:TradingView

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whipped below my bottom target and caught a bid that long signal now hit take profit #1. Wave 2 appears complete with a bullish market structure confirming. Price has overcome the daily 200EMA and pivot, showing bulls in control, but is sitting inside a High Volume Node resistance, where we expect price to struggle. Continued bull run has a target of the $21 High Volume Node, followed by $31

📈 Daily RSI is oversold with bearish divergence; this will be ignored in a strong uptrend, and respected in a range

👉 Analysis is invalidated below wave (z), keeping the downside alive

Safe trading

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MARA Short-term analysis | Trading and expectations

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