After a strong bullish impulse, FARTCOIN tapped into a 4H Supply Zone around 1.3700, which aligns with:
A Premium price zone
Internal liquidity sweep above previous highs
Bearish BOS (Break of Structure) on the lower timeframe
This confirms institutional distribution and suggests price is ready for a short-term retracement or full selloff.
🔍 Confluences for Entry:
✅ 4H Supply Zone rejection ✅ Equal highs/liquidity sweep at 1.3700 ✅ Bearish BOS on 1H timeframe ✅ Divergence spotted on RSI ✅ No major support until 1.3000
📌 Recommendations:
Enter short near 1.3700 after confirmation on LTF (e.g. bearish engulfing or M5 BOS).
TP1: 1.3350 — 50% retracement
TP2: 1.3000 — major demand + round number
SL: Just above 1.3850 (invalidates the setup)
Trail SL after TP1 for maximum reward
⚠️ Risk Note:
This is a short-term SMC-based scalp/swing idea. Ensure proper risk management — don’t overleverage. Sure! Here's a well-structured article that you can post directly to Binance Square, focusing on your recent trade idea — shorting FARTCOIN from 1.3700 to 1.3000 — with clear reasoning, setup explanation, and key recommendations.
🚨 FARTCOIN SMC Setup: Short from 1.3700 to 1.3000 💣
After a strong bullish impulse, FARTCOIN tapped into a 4H Supply Zone around 1.3700, which aligns with:
A Premium price zone
Internal liquidity sweep above previous highs
Bearish BOS (Break of Structure) on the lower timeframe
This confirms institutional distribution and suggests price is ready for a short-term retracement or full selloff.
🔍 Confluences for Entry:
✅ 4H Supply Zone rejection ✅ Equal highs/liquidity sweep at 1.3700 ✅ Bearish BOS on 1H timeframe ✅ Divergence spotted on RSI ✅ No major support until 1.3000
📌 Recommendations:
Enter short near 1.3700 after confirmation on LTF (e.g. bearish engulfing or M5 BOS).
TP1: 1.3350 — 50% retracement
TP2: 1.3000 — major demand + round number
SL: Just above 1.3850 (invalidates the setup)
Trail SL after TP1 for maximum reward
⚠️ Risk Note:
This is a short-term SMC-based scalp/swing idea. Ensure proper risk management — don’t overleverage.
#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_8GYOL