The daily/4H trend is bearish. The price is clearly in a long-term downtrend on the daily chart, trading below all key EMA moving averages (7, 25, 99), indicating strong bearish control. The price recently broke below a consolidation range that lasted several weeks, suggesting that the downtrend is resuming.
The trading trigger points will focus on the 1-hour chart. Given the strong bearish momentum at the daily level, any upward rebound on the 1-hour chart is expected to be short-lived. When the price rebounds to the EMA resistance level on the 1-hour chart (for example, EMA25 or EMA50), and the 1-hour RSI indicator encounters rejection while attempting to cross above the 50 level, this will be a high-precision short signal. The rejection at the 50 level of the RSI indicates buyer momentum exhaustion, with bears regaining control of the market.
Entering short now is highly probable as we are aligning with the strong macro trend. The collapse structure on the daily chart signals the beginning of a new round of downward movement. Momentum indicators (such as RSI below 50 and MACD below the zero line) confirm the ongoing bearish pressure, providing support for further declines.
Actionable Setup Now (SHORT)
Entry: market at 0.3217
TP1: 0.2500
TP2: 0.2000
TP3: 0.1200
SL: 0.3650
##WriteToEarnUpgrade #FARTCOIN
$FARTCOIN
{future}(FARTCOINUSDT)
$BOB $4
{future}(4USDT)