Mike On The Move
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Bearish
⚠️ $FARTCOIN — Bears Poised, Short Opportunity Ahead 📉
Trading Plan Short $FARTCOIN
Entry: 0.398–0.402
SL (5%): 0.418
TP1: 0.394
TP2: 0.365
TP3: 0.350
Technical Analysis:
$FARTCOIN remains under strong bearish pressure on the chart, with MACD, Momentum, RSI, and Stochastic all favoring sellers. Price is testing the 0.398–0.402 zone, slightly above the last swing high, making it ripe for a rejection. Key resistance lies at 0.413–0.422; a failure here could accelerate downside toward 0.394 → 0.365, with extended targets near 0.350 if selling persists. Any clean break above 0.422 would invalidate the short bias. Watch for bearish reversal candles near resistance before entering. ⚡
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Trading Plan Short $FARTCOIN
Entry: 0.398–0.402
SL (5%): 0.418
TP1: 0.394
TP2: 0.365
TP3: 0.350
Technical Analysis:
$FARTCOIN remains under strong bearish pressure on the chart, with MACD, Momentum, RSI, and Stochastic all favoring sellers. Price is testing the 0.398–0.402 zone, slightly above the last swing high, making it ripe for a rejection. Key resistance lies at 0.413–0.422; a failure here could accelerate downside toward 0.394 → 0.365, with extended targets near 0.350 if selling persists. Any clean break above 0.422 would invalidate the short bias. Watch for bearish reversal candles near resistance before entering. ⚡
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