This is the latest update on FARTCOIN. 
FARTCOINUSDT.P
Unfortunately, my previous post on TradingView was hidden due to community guideline issues. However, we’re back with a clean and updated analysis on how the move played out — and what could be coming next.
📉 Trade Recap:
In the last setup, we identified a bearish opportunity as FARTCOIN broke down from the ascending channel. We shorted the move — and all four Fibonacci retracement targets have now been successfully hit:
✅ 0.382 ($0.5320)
✅ 0.5 ($0.4963)
✅ 0.618 ($0.4606)
✅ 0.786 ($0.4098) — currently being tested
🔎 Current Market Outlook:
Price has now reached the 0.786 Fib level, which historically acts as a deep retracement support.
If $0.4098 holds, we might see a short-term bounce or reversal from here.
If it breaks below $0.4098, the next downside target sits at the 1.0 Fib extension — around $0.3450.
A strong recovery above $0.4600 could invalidate the bearish structure and invite bullish momentum back into the market.
🎯 What to Watch:
🔸 $0.4098 support – bounce or breakdown?
🔸 $0.4600 resistance – reclaim it for a shift in bias
🔸 Volume – confirmation on breakout/reversal moves
⚠️ Trade Wisely! This is not financial advice—always manage risk and trade smart.
📊 Follow for more crypto insights!
Thanks for the continued support! 💚
Drop your thoughts below — bullish bounce or more bleed? 👇
FARTCOINUSDT.P Unfortunately, my previous post on TradingView was hidden due to community guideline issues. However, we’re back with a clean and updated analysis on how the move played out — and what could be coming next.
📉 Trade Recap:
In the last setup, we identified a bearish opportunity as FARTCOIN broke down from the ascending channel. We shorted the move — and all four Fibonacci retracement targets have now been successfully hit:
✅ 0.382 ($0.5320)
✅ 0.5 ($0.4963)
✅ 0.618 ($0.4606)
✅ 0.786 ($0.4098) — currently being tested
🔎 Current Market Outlook:
Price has now reached the 0.786 Fib level, which historically acts as a deep retracement support.
If $0.4098 holds, we might see a short-term bounce or reversal from here.
If it breaks below $0.4098, the next downside target sits at the 1.0 Fib extension — around $0.3450.
A strong recovery above $0.4600 could invalidate the bearish structure and invite bullish momentum back into the market.
🎯 What to Watch:
🔸 $0.4098 support – bounce or breakdown?
🔸 $0.4600 resistance – reclaim it for a shift in bias
🔸 Volume – confirmation on breakout/reversal moves
⚠️ Trade Wisely! This is not financial advice—always manage risk and trade smart.
📊 Follow for more crypto insights!
Thanks for the continued support! 💚
Drop your thoughts below — bullish bounce or more bleed? 👇
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.