💨 $FARTCOIN – Post-Rally Correction Underway
After a strong 5-wave Elliott impulse that peaked near $1.68, #FARTCOIN is now entering a corrective ABC phase — something to watch closely if you're looking for a re-entry.
📊 Structure Breakdown:
✅ Wave (5) completed the bullish impulse
🌀 Wave (a) correction has started
🔁 Wave (b) retracement currently targeting:
• 0.499 Fib at $1.2976
• 0.618 Fib at $1.3534
⛔ Wave (c) projection down to 0.618 Fib = $1.0089
📌 Key Insights:
This pullback is healthy, not bearish — typical after extended wave 5 runs
Ideal re-entry zone sits around $1.00–$1.05 if price holds support
Momentum is cooling off but long-term structure still bullish unless $1.00 breaks
🎯 Game Plan:
Watch for rejection near $1.35 (0.618 Fib of Wave b)
Look for confirmation setups around $1.01–$1.05
Breakout above $1.36 invalidates the correction early
🔥 Corrections build strength. Don’t FOMO — let the chart complete its rhythm.