#FARTCOIN🔥🔥🔥 $Based on the provided FARTCOINUSDT chart, here’s a general trading setup analysis. Note that this is for educational purposes only, and you should conduct your own research or consult a financial advisor before trading.

### Observations:

- **Current Price**: ~1.0635 USDT

- **Moving Averages**: MA7 (1.1641) and MA50 (1.2244) suggest a bearish trend as the price is below both averages.

- **Support Level**: Around 0.8610 (recent low).

- **Resistance Level**: Around 1.6499 (recent high).

- **P&L**: +0.11 (94), indicating a small profit in the current position.

- **Trend**: The price has been declining after hitting resistance, with red candles dominating recently.

### Suggested Trading Setup:

1. **Position**:

- **Sell** (Short) position, given the bearish trend and price below moving averages.

- Entry Price: ~1.0635 USDT (current price).

2. **Stop Loss (SL)**:

- Place SL above the recent swing high or MA7, around 1.1641 USDT, to limit downside risk if the price reverses.

3. **Take Profit (TP)**:

- Target the support level at 0.8610 USDT for a potential profit zone.

- Risk-Reward Ratio: Approximately 1:2 (distance from entry to SL vs. TP).

4. **Leverage (LAVRAGE)**:

- Use low leverage (e.g., 2x-5x) due to the volatile nature of the asset. Higher leverage increases risk significantly.

### Notes:

- Monitor the price action near the MA7 (1.1641) for confirmation of the trend.

- Consider exiting if the price breaks above 1.2244 (MA50) with strong momentum.

- I cannot perform real-time analysis or web searches. For updated data or confirmation, I can search if you’d like.