๐Ÿ“ข $FARTCOIN /USDT is presenting a compelling bearish setup. Are you watching this potential downside move?

$FARTCOIN - SHORT

๐Ÿ“Š **Trade Plan**

Entry: 0.216388 โ€“ 0.219309
SL: 0.226612
TP1: 0.209086
TP2: 0.206165
TP3: 0.200323

๐Ÿ” **Why This Setup?**

The daily trend for $FARTCOIN is firmly bearish, providing a strong macro context for a short bias. This aligns with broader market sentiment for this asset.

Price is currently positioned at a key 4-hour reference level around 0.2178. This zone often acts as a critical point, suggesting a high-probability area for potential entry.

Furthermore, the Relative Strength Index (RSI) on lower timeframes shows no extreme oversold conditions. This indicates ample room for a continued downside move, targeting TP1 at 0.209.

๐Ÿค” **Outlook**

The setup for $FARTCOIN is in place. The crucial question remains: will the current bounce fail within the entry high of 0.2193, or is a more significant decline imminent?

Trade here ๐Ÿ‘‡