$FARTCOIN /USDT — Oversold Bounce | Counter-Trend LONG
Higher timeframe trend remains bearish, but momentum conditions on lower timeframes are signaling selling exhaustion and a potential relief bounce.
Market Read
Daily: Bearish trend intact
4H: Ranging, attempting to form a base
1H RSI: Oversold at 36.63 → sellers losing strength
Trigger: 15m RSI reclaim above 50 = momentum shift confirmation
This is a counter-trend bounce setup from a key 1H level, aiming for a short-term recovery toward nearby resistance.
📈 Actionable Trade Setup (LONG — Live)
Entry: 0.344843 – 0.348407
TP1: 0.357316
TP2: 0.360879
TP3: 0.368006
Stop-Loss: 0.335935
🧠 Trade Logic
Oversold conditions + RSI trigger favor a relief move
Range environment supports bounce plays
Invalidation is clear below 0.3359
⚠️ Risk Note This is not a trend reversal, only a momentum bounce. Manage risk tightly, secure partials early, and don’t overstay the trade.
#FARTCOIN #USDT #BounceSetup #RSI #CryptoTrading $FARTCOIN