$FARTCOIN has successfully bounced off the ascending channel support, aligning perfectly with the 200 EMA and previous breakout zone.
This confluence adds strong confirmation to the bullish setup. The price now targets the channel's upper boundary around $1.63, offering a solid risk-to-reward trade opportunity.
The momentum favors the bulls as long as the structure holds and the price stays above the breakout zone.
Any pullback can be seen as a chance to accumulate with a tight stop-loss of $0.92 just below the support area.
This setup looks technically sound and is for a continuation toward higher levels.
Keep your eyes on volume!
This confluence adds strong confirmation to the bullish setup. The price now targets the channel's upper boundary around $1.63, offering a solid risk-to-reward trade opportunity.
The momentum favors the bulls as long as the structure holds and the price stays above the breakout zone.
Any pullback can be seen as a chance to accumulate with a tight stop-loss of $0.92 just below the support area.
This setup looks technically sound and is for a continuation toward higher levels.
Keep your eyes on volume!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.