The analysis focuses on MARA (Marathon Holdings) using the one-hour chart. Three scenarios are considered, with the orange scenario favored. This suggests a potential ABC corrective structure. It identifies a possible A-wave down to 2025 lows, followed by a three-wave move upwards. The analysis suggests that the current pressure isn't clearly bullish. A wave one to the downside of wave C might be forming, with a rally to wave two expected. If the price fails below $14.50, that would imply that the top has already been reached. Potential upside targets for wave 2 include $17.70, $18.60, and potentially $20. Fibonacci extensions are used to identify a target area for wave C around $17.30 to $18.80. A break below $14.50 would invalidate this wave 2 scenario.