Fartcoin LTF
Major selloff now testing the 90D VWAP after breakdown from composite range low. Price rejected from 1.10–1.12 supply zone and sliced through dWeek VAL. Current acceptance below $1 signals weakness.
3–4 Day Bias:
Base Case: Range likely to form between $0.9 and $1 with 0.93–0.95 as pivot.
Bearish scenario: Clean loss of 0.9 opens quick move to 0.83–0.85 (HTF void).
Bullish scenario: Reclaim of $1 could trigger short squeeze into 1.06–1.1
Volume confirms breakdown, but nearing potential seller exhaustion. Let structure develop.