Market analysis suggests a potential shift in momentum for meme-driven assets. Technical indicators signal bulls may be facing resistance, indicating a possible exhaustion of upward movement.
๐จ **SHORT Signal Alert** ๐จ
$FARTCOIN
Entry: $0.4488 - $0.4580
SL: $0.4720
Additional Entry Zones:
DCA1: $0.4636
DCA2: $0.4690
Take Profit Targets (TP):
โข TP1: $0.4190
โข TP2: $0.3950
โข TP3: $0.3650
---
**Technical Insights:**
The Relative Strength Index (RSI) is currently overbought, nearing 70, which often signals a potential reversal or exhaustion. Price action shows bearish wicks after rejecting the $0.4636 level, indicating strong selling pressure and a potential move towards the MA25.
#FARTCOIN #FuturesTrading #CryptoSignals
#ShortPosition