2026-01-06 13:27:14

FARTCOIN(FARTCOINUSDT) Recently performed aggressively, with a single-day increase of 18%, but technical indicators reveal hidden risks.

Currently, RSI has surged to 88, and the J value has soared to 110. What does this data clearly indicate? The market has entered a serious overbought zone. The price repeatedly tests the key resistance level at 0.4636 but fails to break through. This high-level volume contraction often signals an imminent reversal.

Many traders believe that the logic behind the market maker's high-level rally is straightforward—after accumulating enough buy orders, a sharp drop will follow. From a technical perspective, a bearish opportunity has already formed.

**Key reference levels:**
- First target: 0.42 (retest the first support)
- Second target: 0.37 (possible retracement)
- Stop-loss reference: 0.468 (exit before the breakout high)

Please do your own research before making any trading decisions; the market is always unpredictable.

FARTCOIN-6,99%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

20 Likes

Reward
20
6
Repost
Share

Comment

0/400

EntryPositionAnalyst

· 01-09 06:09

Haha, is that the same old trick from the market makers? Want to run after an 18% increase? RSI88 isn't obvious enough? --- If it can't break 0.4636, then it's time to reverse. With this decreasing volume, I know there's a play. --- Halved to 0.37? Reasonable, I've seen it more brutal. --- Stop loss at 0.468. Those who don't set one are just leeks. Nothing much to say. --- Overbought again, overbought every time. Yet it keeps flying. I don't believe you. --- The bagholders need to wake up; a plunge could happen at any time. --- This time is different. The bears are really here. I bet fifty cents. --- High volume at a high level with decreasing volume is the most annoying. Wait for a decline confirmation before shorting. --- Market maker tricks are all the same, no new tricks at all. --- 0.42 is a good sniping point. I'm waiting here.

View OriginalReply0

MasterOfTheBrush

· 01-07 10:11

2026 Go Go Go 👊

View OriginalReply0

AirdropHuntress

· 01-06 13:57

Looking at the RSI soaring to 88 and the J value at 110, honestly, this is a textbook setup by the big players... When 0.4636 can't break through, it's time to consider how deep the support is below. Historical data shows that such high-level volume contraction is very abnormal.

View OriginalReply0

ChainComedian

· 01-06 13:50

It's the same old story. When the price consolidates at high levels with decreasing volume, it's time to run. The manipulator's game has become boring.

View OriginalReply0