2026-01-09 02:28:22

Looking at FARTCOIN's recent trend, the rebound strength is indeed limited. The key moving averages are still pressing down from above, and more importantly, the RSI indicator has not shown any signs of strong buying momentum. In the short term, the downside risk has not been fully released, so continue to remain cautious.

If there is a subsequent rebound, my approach is to follow the trend and go short—before the trend reverses, such rebounds are often opportunities for bears.

The specific trading range is around 0.389 to 0.396, where you can consider establishing short positions. Set the stop loss at 0.418, and exit promptly if it breaks below.

The profit targets are divided into two levels: first, see if 0.372 can hold; if it continues to decline, the second target is 0.358. As long as the trend strength has not reversed, each rebound could be another opportunity to short.

FARTCOIN-7,14%

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MissedTheBoat

· 01-09 02:56

It's the same old trick again, shorting on a rebound, acting like it's real... The guy who did this last time is still stuck in a losing position.

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SmartContractDiver

· 01-09 02:53

It's the same old trick again, rebound and then smash... Looking at the RSI, there's really no significant movement. I've been pondering this wave between 0.389-0.396, and it definitely feels like a good shorting point. I think a stop loss at 0.418 is a bit tight, but if it drops to around 0.358, there will definitely be opportunities. Every time it rebounds, I want to cut the leeks, that's right... Just do it. --- FARTCOIN, this crappy coin, its rebound strength is as fragile as paper, still want to try another round? As long as the trend hasn't reversed, it's all fake rebounds. --- Wait, is the lack of RSI signals really because there's no signal or is the market just too cold... How's this coin been lately? --- It can't hold at 0.372 and is heading straight to 0.358. I bet five bucks I'll see it this week. Who dares to challenge? --- Starting to talk about technical analysis again, brother, will this one crash again... Last time, the stop loss at 0.418 caused a loss. --- I agree with a cautious attitude in the short term, but daring to short at this position... your guts are really big.

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ser_we_are_ngmi

· 01-09 02:46

It's the same old pattern of bouncing back and then falling again. Does FARTCOIN really have no bottom... see you at 0.358?

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FlashLoanLarry

· 01-09 02:41

ngl the rsi setup here screams dead cat bounce territory... every pump into that 0.396 resistance is just asking to get liquidated tbh. seen this movie before, thesis stays intact until proven otherwise fr

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DataChief

· 01-09 02:40

The short-term strategy is clear, but can this rebound to 0.396 really bring it down? It seems like retail investors are all waiting at this level to cut their losses.

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