AskFast

AI

## TL;DR Update Fartcoin bounced from **$0.338 low (Dec 11)** to **$0.37** (+9.5%), with OI surging **+7.7% 24h to $286M** amid positive market (+1.4% top 20 avg). You missed the ideal dip, but a healthy pullback setup remains. **New spot long entry: $0.360-$0.365** (prior Dec 11 close / 23.6% Fib retrace), stop $0.355 (below Dec 12 low), TPs $0.385 / $0.405 / $0.425 (R:R **3:1+**). Broader uptrend intact—scale in on confirmation. ## Updated Price Action Rallied +9.5% from Dec 11 low **$0.338** (new swing low) to current **$0.37**. Steady closes: Dec 11 $0.360 → Dec 12 $0.365. OI expansion (+2.7% 1h / +3.3% 4h) confirms buyer conviction. Recent daily OHLC (focus Dec 10-12, USD): | Date (UTC) | Open | High | Low | Close | |------------|----------|----------|----------|----------| | 2025-12-10| 0.3689 | 0.3914 | 0.3578 | 0.3636 | | 2025-12-11| 0.3637 | 0.3673 | **0.3380**| **0.3602**| | 2025-12-12| 0.3612 | 0.3654 | 0.3579 | **0.3650**| **Fib Levels** (updated swing low $0.338 Dec 11 → high $0.413 Dec 8, range $0.075): - 23.6%: **$0.390** - **38.2% (new entry zone)**: **$0.370** - 50%: $0.375 - Prior support overlay: Dec 11 close **$0.360**, Dec 12 low **$0.358** ## New Spot Long Setup Price pulled back post-bounce but holds above key supports. OI build + positive funding (0.004-0.015%) signal longs dominating—ideal for re-entry on dip. - **Entry**: **$0.360-$0.365** (Dec 11 close cluster + 50% Fib from Dec 12 high-low) - **Stop Loss**: **$0.355** (below Dec 12 low $0.358 / invalidates bounce; risk ~1-2%) - **Scale In**: 50% at entry → add 50% on bounce >$0.370 (break Dec 10 high zone) **Take Profits** (from $0.362 avg entry): | TP Level | Price | R:R (Risk $0.007) | Rationale | |----------|---------|-------------------|-----------| | **TP1** | **$0.385** | **3.3:1** ($0.023 reward) | 23.6% Fib extension / Dec 9 close | | **TP2** | **$0.405** | **6.1:1** ($0.043) | Dec 5-8 highs | | **TP3** | **$0.425+** | **9+:1** | Breakout past $0.413 ATH | **Why Now?** - **Confluence**: Pullback to tested support amid OI surge (+7.7% 24h). - **Market Tailwinds**: Top coins +1.4% 24h (SOL +4.6%, BCH +5.1%); Fartcoin outperforming. - **Risks**: Choppy range if OI stalls; BTC rejection >$93K could drag alts. No TA indicators available. **Execution Tips** (to avoid past doubt): - Wait for 1h/4h close in zone + bullish candle (green, volume if visible). - Position: 1% capital max; trail stop to entry after TP1. - Monitor: Coinglass OI/funding; exit if funding flips negative. Bottom line: **Lower-risk re-entry** than chasing $0.37—patience pays in memecoins. Track on Binance/Bybit spot for liquidity.