$FARTCOIN Bearish 📉📉
Technical analysis suggests the following key levels:
👉Resistance Levels:
$1.20. - $1.28.92: This range corresponds to the previous high and may act as a resistance zone.
👉Support Levels:
$0.74: Aligns with the 0.236 Fibonacci retracement level.
$0.62: Corresponds to the 0.382 Fibonacci retracement level.
$0.53: Matches the 0.5 Fibonacci retracement level.
These support levels are critical in case of a price pullback, providing potential entry points for traders.
These levels can help traders determine potential price reversal points.
It's important to note that technical indicators such as the Relative Strength Index (RSI) are showing overbought conditions, suggesting a possible corrective pullback before the continuation of the bullish trend.
Please remember that cryptocurrency markets are highly volatile, and it's essential to conduct thorough research and consider multiple factors before making any trading decisions.