$FARTCOIN A short liquidation of $2,246.20 occurred at the price level of $0.9144, which means short sellers were forced to close their positions as the price moved against them. This could signal a potential upward momentum, depending on market sentiment and volume.
Next Steps: Key Levels to Watch
Buy Zone.
Look to buy between $0.85 and $0.92.
This range offers a strong support zone, and buying here could minimize risks.
Watch for signs of consolidation or a reversal pattern before entering.
Target Levels.
First Target (T1): $1.00
Psychological resistance level.
Second Target (T2): $1.15
Previous high or key breakout zone.
Third Target (T3): $1.25
Extended bullish target if momentum is strong.
Stop-Loss.
Set your stop-loss slightly below the support level at $0.82.
This ensures minimal losses if the price moves downward.
Trading Tips.
1. Volume Confirmation: Ensure there is good buying volume before entering.
2. Avoid FOMO: Don’t chase the price if it breaks out too fast. Wait for a retest.
3. Market Sentiment: Monitor news or updates about $FARTCOIN that could impact its movement.
This plan is based on technical indicators and market patterns. Always do your own research and trade responsibly.
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