#FARTCOIN🔥🔥🔥 n consolidated in a key area: is a breakout coming soon? Here is my analysis 👇
📊 Technical analysis FARTCOIN/USDT – Time frame 15 min
Currently, the market is evolving in a range area between $0.5950 and $0.6060 after a nice bullish recovery from $0.56.
🔹 Key support: the area between $0.5880 – $0.5900, which acts as the first line of defense for buyers. In case of a breakout, a return to $0.5750 remains possible.
🔹 Immediate resistance: $0.6050 – $0.6100, which currently blocks any continuation of the rise.
🔹 RSI indicator: close to equilibrium (49), which shows indecision and confirms the current range.
👉 Possible scenarios:
Bullish: a clear breakout above $0.6100 accompanied by volumes would allow for an extension towards $0.62 – $0.63.
Bearish: if buyers do not defend $0.5880, the price could gradually fall back to $0.5750 then $0.5600.
⚖️ In summary: the market is in an accumulation phase between $0.59 and $0.61. The breakout of one of these boundaries will give the next directional impulse.
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