📉 SHORT # 
FARTCOINUSDT.P from $0.7376
🛡 Stop loss: $0.7830
🕒 Timeframes: 1H + 4H
✅ Overview:
➡️ On the 4H chartFARTCOINUSDT.P , price broke down from the Bullish Flag, thereby invalidating the bullish scenario.
➡️ The Top 2 formation failed to break the previous high, confirming a bearish structure.
➡️ The $0.7822 level was broken and now acts as resistance — currently being retested.
➡️ The current entry at $0.7376 is optimal after a weak bounce, with high downside potential.
➡️ Volume increased on the red candles, confirming that sellers are in control.
➡️ Support levels are at $0.7172, $0.6970, and $0.6765. The main target lies near the volume-based POC at $0.5269 (in the next stage).
🎯 TP Targets:
💎 TP 1: $0.7172
💎 TP 2: $0.6970
💎 TP 3: $0.6765
📢 The bearish scenario is confirmed. A continuation of the downtrend is expected.
📢 The channel breakdown and weak bounce with declining volume are strong confirmation signals for entry.
📢 Stop-loss is placed above the rejection zone.
📢 Local VPVR and price structure confirm seller pressure in this area.
🚫 Long positions are not valid at the moment — no reversal patterns or confirmations above volume resistances.
🚀FARTCOINUSDT.P is set for a bearish scenario — downward movement is the priority! Watch price action and manage your levels carefully!
FARTCOINUSDT.P from $0.7376🛡 Stop loss: $0.7830
🕒 Timeframes: 1H + 4H
✅ Overview:
➡️ On the 4H chart
FARTCOINUSDT.P , price broke down from the Bullish Flag, thereby invalidating the bullish scenario.➡️ The Top 2 formation failed to break the previous high, confirming a bearish structure.
➡️ The $0.7822 level was broken and now acts as resistance — currently being retested.
➡️ The current entry at $0.7376 is optimal after a weak bounce, with high downside potential.
➡️ Volume increased on the red candles, confirming that sellers are in control.
➡️ Support levels are at $0.7172, $0.6970, and $0.6765. The main target lies near the volume-based POC at $0.5269 (in the next stage).
🎯 TP Targets:
💎 TP 1: $0.7172
💎 TP 2: $0.6970
💎 TP 3: $0.6765
📢 The bearish scenario is confirmed. A continuation of the downtrend is expected.
📢 The channel breakdown and weak bounce with declining volume are strong confirmation signals for entry.
📢 Stop-loss is placed above the rejection zone.
📢 Local VPVR and price structure confirm seller pressure in this area.
🚫 Long positions are not valid at the moment — no reversal patterns or confirmations above volume resistances.
🚀
FARTCOINUSDT.P is set for a bearish scenario — downward movement is the priority! Watch price action and manage your levels carefully!
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🔥Subscribe to our Telegram channel🔥
🔥Every day 1 FREE signal 🔥
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🔥Every day 1 FREE signal 🔥
🔗 tinyurl.com/GoToMoriartyTradeGlobal
Related publications
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.