$FARTCOIN FARTCOIN's double top just exploded—more downside ahead or a trap for bears?

FARTCOIN-এর ডাবল টপ ব্রেকআউট! নিচে আরও পতন নাকি এটা বুলদের ফাঁদ?

Pattern Observed: Double Top Breakdown

• Pattern: Classic Double Top formation (confirmed)

• Tops: ~1.48 and ~1.46

• Neckline Support Broken: Around 1.3420

• Once that neckline was broken, strong bearish momentum followed with high volume.

Key Levels:

• Support Zones:

◦ Immediate: 1.2939 (current level)

◦ Major: 1.1703 (as shown in green box)

• Resistance Zones (Red Box):

◦ 1.3420 (broken neckline now acting as resistance)

◦ 1.3712

◦ 1.3849

If the price tests this zone again, it's likely to face rejection unless a strong volume-backed breakout occurs.

Volume Analysis:

• During the breakdown, red volume bars increased significantly — confirming bearish conviction.

• Current volume seems to be weakening on the pullback — possibly just a dead cat bounce unless buyers step in strongly.

Probable Scenario (Short-Term):

• Bearish bias still dominant

• If it fails to reclaim 1.34+ zone, price could revisit 1.20 or even 1.17

• Invalidation: Only a close above 1.3850 would break bearish structure