$FARTCOIN

Trade Analysis: FARTCOIN/USDT Short Entry

*Trade Plan**

- **Entry Price:** 1.2550

- **Stop Loss (SL):** 1.2670 (1.2% above entry)

- **Targets:**

1. **First Target:** 1.2318 (1.85% below entry)

2. **Second Target:** 1.2100 (3.6% below entry)

3. **Third Target:** 1.2000 (4.4% below entry)

4. **Final Target:** 1.1850 (5.6% below entry)

**Key Observations from Chart**

1. **Price Trend:**

- The last price is **1.2439**, showing a **-6.68% decline**.

- The 24h high/low range (**1.3576–1.2416**) suggests volatility, with the current price near the low.

2. **Support/Resistance Levels:**

- Immediate resistance: **1.2550** (your entry) aligns with recent rejections.

- Stronger resistance: **1.2670** (SL level, just above the 24h high).

- Support levels: **1.2318** (recent swing low), then **1.21–1.1850** (psychological levels).

3. **Volume & MA Indicators:**

- Current volume (**1.53M**) is below MA(5) and MA(10), indicating weakening momentum.

- Declining MAs suggest a bearish trend.

*Risk Management**

- **Risk-Reward Ratio (RRR):**

- **1:2.3** (for 1.2318 target) to **1:4.7** (for 1.1850 target).

- **Position Sizing:** Adjust to keep risk ≤2% of capital if SL is hit.

*Execution Strategy**

1. **Entry:** Wait for confirmation (e.g., rejection candle at 1.2550).

2. **Partial Profit-Taking:** Close 50% at 1.2318, move SL to breakeven.

3. **Final Targets:** Trail SL for remaining position toward 1.1850.

Caution**

- Monitor **Mark Price (1.2439)** for liquidity gaps.

- If price breaks above 1.2670 (SL), reassess for potential reversal.

**Summary:** High-probability short trade with clear levels. Prioritize strict risk management.