FARTCOINUSDT Entry & Exit Points (Short-Term Trading Strategy)
1. Current Market Overview
Last Price: $0.5433
24h High: $0.6476
24h Low: $0.5107
Market Trend: Price is recovering from the $0.5107 low, with resistance near $0.5600.
2. Support & Resistance Levels
Support Levels:
$0.5300 - $0.5350 → Immediate support, possible bounce.
$0.5100 - $0.5200 → Stronger support if price drops further.
Resistance Levels:
$0.5600 - $0.5700 → First breakout zone, possible rejection.
$0.6000 - $0.6200 → Major resistance, could trigger profit-taking.
3. Trading Strategy (Next 2-4 Hours)
✅ Bullish Scenario (If Price Holds Above $0.5350)
🔹 Entry: Buy at $0.5350 - $0.5450 (confirmation of support).
🎯 Target 1: $0.5600 - $0.5700 (partial profit).
🎯 Target 2: $0.6000 - $0.6200 (major breakout).
🛑 Stop Loss: Below $0.5300 (if breakdown occurs).
✅ Bearish Scenario (If Price Drops Below $0.5350)
🔹 Entry: Buy at $0.5100 - $0.5200 (next strong support zone).
🎯 Target: $0.5500 - $0.5600 (resistance zone).
🛑 Stop Loss: Below $0.5000 (in case of further breakdown).
4. Indicators to Watch
MACD: Bullish crossover happening, confirming an uptrend.
RSI (51): Neutral zone, needs to go above 55 for strong bullish momentum.
Volume: Increasing slightly, indicating buyers stepping in.
5. Final Thoughts
📌 Safe Entry: Wait for confirmation near $0.5350 before entering.
📌 Quick Scalping: Buy near $0.5350, sell around $0.5600 - $0.5700.
📌 Breakout Play: If price moves above $0.5700, next target is $0.6000 - $0.6200.
Must DYOR