$MARA Member Request On the weekly chart, $MARA has been trading within a descending channel, but this week’s 20%+ move marks its strongest week in years, signaling a meaningful shift in momentum. The strength of the bounce is supported by a strong weekly candle, rising MACD, and Rate of Change pushing above zero, along with improving volume, indicating real participation rather than a weak relief rally. However, price remains within the broader descending channel and is now approaching key overhead resistance, including the 50 and 200 EMAs, where supply is likely to emerge. From a psychology standpoint, this reflects a shift where bears are beginning to lose control, while bulls are aggressively stepping in, but traders might start looking to take profits into resistance, which will be levels to monitor for indecision or weakness. On the daily timeframe, the higher-probability entries were at channel lows or on the reclaim and maintain of the 50 EMA mid-channel; at current levels, price is extended, nearing the 200 EMA and lacking a clear setup. While the bounce remains strong, risk management becomes critical here, as traders should focus on how price reacts at resistance to determine whether this evolves into a larger trend reversal or stalls within the broader downtrend. I’ve attached a visual that may help you assess strength. Get unlimited technical chart requests at https://t.co/piEjMamo61. $RIOT $CLSK $HUT $BITF $CIFR $WULF $BTBT $SDIG $IREN $ARBK $CAN $NVDA #BITCOIN