FARTCOIN Rejects Resistance – Short Continuation
🔴 $FARTCOIN - SHORT
Trade Plan:
Current Price: ~$0.1237
Entry Zone: 0.120 - 0.127
SL: 0.138
TP1: 0.108
TP2: 0.097
TP3: 0.085
The chart displays a strong rejection at the shaded Entry Zone of 0.120-0.127 after price tapped into a visible supply zone and descending channel resistance at current price ~$0.1237. A bearish engulfing candle formed with declining volume on the bounce, confirming seller dominance. Market structure remains bearish with consistent lower highs and lower lows. The large glowing red directional arrow emphasizes the high-probability continuation lower. The red SL at 0.138 sits above the recent swing high for clear invalidation. Green TP levels align with previous demand zones and unfilled liquidity below. This setup offers strong risk-reward as meme momentum has clearly faded at resistance.
Will FARTCOIN continue lower toward the 0.097-0.085 demand zone?
Click below for trade 👇
DYOR & manage risk!
$FARTCOIN
🔴 $FARTCOIN - SHORT
Trade Plan:
Current Price: ~$0.1237
Entry Zone: 0.120 - 0.127
SL: 0.138
TP1: 0.108
TP2: 0.097
TP3: 0.085
The chart displays a strong rejection at the shaded Entry Zone of 0.120-0.127 after price tapped into a visible supply zone and descending channel resistance at current price ~$0.1237. A bearish engulfing candle formed with declining volume on the bounce, confirming seller dominance. Market structure remains bearish with consistent lower highs and lower lows. The large glowing red directional arrow emphasizes the high-probability continuation lower. The red SL at 0.138 sits above the recent swing high for clear invalidation. Green TP levels align with previous demand zones and unfilled liquidity below. This setup offers strong risk-reward as meme momentum has clearly faded at resistance.
Will FARTCOIN continue lower toward the 0.097-0.085 demand zone?
Click below for trade 👇
DYOR & manage risk!
$FARTCOIN