#Fartcoin #Update #Signal
Based on the current 15-minute chart for FARTCOIN, here’s a potential trade setup using technical signals:
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Trade Idea: Momentum Long
Entry Zone:
Around $1.0415–$1.0450 (current price area)
Or on a confirmed breakout above $1.0650 with volume
Confirmation:
Price holding above EMA 34
RSI staying between 60–75 without bearish divergence
Volume spike on breakout
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Targets (TP):
1. TP1: $1.08 – near-term resistance / psychological level
2. TP2: $1.10 – round number + possible FOMO level
3. TP3: $1.15 – if momentum is strong and RSI sustains
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Stop Loss (SL):
Conservative SL: $0.9950 (below EMA and last support candle)
Tighter SL: $1.0200 (tight intraday support)
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Risk-Reward Example:
Entry: $1.045
SL: $0.995
TP1: $1.08 → R:R ≈ 1:0.7
TP2: $1.10 → R:R ≈ 1:1.1
TP3: $1.15 → R:R ≈ 1:2.1