Technical Analysis ♨️♨️🚀🚀💪

Price Action:

Currently trading at $0.7564, down 14% for the day.

Strong rejection from $0.8450, showing sellers are active near recent highs.

There’s a visible cup and handle pattern forming, which is typically a bullish continuation setup.

Support Zones:

Major support sits between $0.6191–$0.6185, shown by the high-volume nodes.

Strongest historical base at $0.3089.

Resistance Zones:

Immediate resistance at $0.7885 (recent high and horizontal line).

Next resistance around $0.91, today’s high.

Volume:

Volume spike to 18.6M—suggests increased interest, possibly buyers entering the dip.

RSI:

RSI at 55.74, still neutral to slightly bullish—has room to rise further before being overbought.

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Fundamental Thoughts:

A name like FARTCOIN may indicate a meme or community-driven token.

If no solid utility or news backs the project, price moves can be speculative and volatile.

Check for recent tweets, announcements, listings, or influencer mentions.

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Next Likely Move:

Scenario A (Bullish breakout):

If price breaks above $0.7885 with strong volume, expect a retest of $0.91–$1.00.

Target: $0.91 (short term), $1.20+ (midterm if hype/news supports).

Scenario B (Bearish pullback):

If price fails to reclaim $0.76 and breaks down further, likely a retest of $0.62–$0.6185.

Buy zone may be around $0.62 if bulls defend.

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Trade Idea (Short-Term):

Long Entry: $0.76–$0.78 breakout confirmation.

Stop Loss: Below $0.72.

Target 1: $0.91

Target 2: $1.10+