$FARTCOIN Many troops signal
FARTCOIN has shown a significant emotional reversal after a rapid drop to the 0.258 area, with two consecutive bullish candles pulling up from the bottom, and the short-term moving averages completing a "quick turnaround" from below to above, with buying strength taking the initiative again. The current rhythm belongs to a "technical correction after a deep drop", but the strength of the correction exceeds expectations, indicating strong support at low levels and a phase of exhaustion in bearish momentum.
The price has returned to above 0.30 and is attempting to challenge the first short pressure area above. As long as it does not break 0.29 on the pullback, the hourly reversal structure remains intact.
This type of pattern usually indicates that there is at least one upward corrective wave in the short term.
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Bullish trading strategy
Entry range
0.296 – 0.305
Take profit targets
T1 0.317
T2 0.329
T3 0.343
Stop loss
0.286
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FARTCOIN's current rhythm belongs to the "first pullback confirmation after a V-shaped reversal". If it can break through 0.317 with increased volume, the short-term will transition into a smoother upward channel, with the opportunity to push towards 0.34+.
Trade immediately $FARTCOIN
