$FARTCOIN /USDT, here’s a detailed analysis with Buy/Sell signals, support/resistance levels, and Take Profit (TP) / Stop Loss (SL) recommendations:
1. Current Price
1.3190 USDT
Change: -7.31% (Strong bearish candle)
2. Buy/Sell Signal Overview
Sell Signal
Triggered just after price touched the upper resistance of the ascending channel.
Price sharply rejected from the upper zone near 1.55 - 1.60 USDT.
Buy Signal
Previous BUY signal was successful from the lower support region near 0.80 USDT and has played out well.
3. Key Support Levels
1.1066 USDT: Immediate support and potential bounce zone.
0.7477 USDT: Major support (last swing low and base of the triangle zone).
0.4000 - 0.5000 USDT: Long-term trendline support.
4. Resistance Levels
1.6000 USDT: Immediate resistance (top of ascending channel).
2.0000 USDT: Next major resistance if 1.6 breaks.
2.6000 USDT: Long-term breakout target if extreme bullishness continues.
5. Take Profit (TP) Zones
For LONG trades:
TP1: 1.55 USDT (channel top retest)
TP2: 2.00 USDT (strong resistance)
TP3: 2.60 USDT (long-term)
For SHORT trades:
TP1: 1.10 USDT
TP2: 0.75 USDT
TP3: 0.50 USDT (aggressive)
6. Stop-Loss (SL) Suggestions
For LONG entries: Below 1.05 USDT (confirm channel breakdown)
For SHORT entries: Above 1.60 USDT (invalidate rejection)
7. Trading Strategy Suggestion
If Holding Long:
Consider booking partial profits near 1.55, rest at 2.00.
Move SL to above 1.10 to protect capital.
If Planning New Entry:
Buy Entry: Near 1.10 - 1.15 if price bounces
Sell Entry: On rejection from 1.55 - 1.60 with SL above 1.62
#StrategyTrade #BinanceAlphaAlert #TradeOfTheWeek #FARTCOIN📈 #FARTACOIN