#FARTCOINUSDT is showing bullish momentum

📈LONG FARTCOINUSDT.P from $0.3590
🛡 Stop Loss: $0.3465

🕒 Timeframe: 1H

⚡️ Overview:
➡️ FARTCOINUSDT.P is showing bullish momentum on the 1-hour timeframe.
➡️ The price has recently broken through the resistance zone at $0.3590, which could serve as an entry point for a long position.
➡️ The chart shows an accumulation zone in the $0.3374–$0.3590 range, where volumes (visible on the volume profile to the left) indicate strong buyer interest.
➡️ The POC (Point of Control) is at $0.3462, confirming support below the current price.
➡️ The price is maintaining an uptrend structure: higher lows and highs are forming, and the breakout at $0.3590 is accompanied by increasing volumes, signaling bullish activity.
➡️ The #RSI (14) indicator on the 1H timeframe is at 65, indicating bullish momentum without being overbought, leaving room for further growth.

🚀 Plan:
➡️ Entry: Buy above $0.3590 after the 1-hour candle closes above this level to confirm the breakout.
➡️ Stop Loss: Set at $0.3465 (below the support zone and POC), which provides a 3.5% risk from the entry point and protects against false breakouts.
➡️ Risk/Reward Ratio: From 1:2 (for TP1) to 1:5.5 (for TP3), making this trade attractive from a risk management perspective.

🎯 Take Profit Targets:
💎 TP1: $0.3660
(nearest resistance level, +1.9% from entry)
💎 TP2: $0.3730
(zone of previous highs, +3.9%)
💎 TP3: $0.3790
(key growth target, +5.6%)

📢 A price consolidation above $0.3590 with sustained volume increases the likelihood of reaching the targets. The $0.3660 and $0.3730 levels may act as profit-taking zones, so monitor price action in these areas.
📢 Risks: If the price drops below $0.3465, it could signal a false breakout and a return to the consolidation zone of $0.3374–$0.3465. In this case, consider reassessing the position.
📢 Market Context: The rise of FARTCOINUSDT.P may be supported by the overall positive sentiment in the crypto market. As of March 19, 2025, BTCUSDT.P is trading steadily above $90,000, creating a favorable backdrop for altcoins.

FARTCOINUSDT.P is showing strength and potential for growth on the 1H timeframe. A confirmed breakout above $0.3590 is your signal to act! We expect a move toward the $0.3660–$0.3790 levels.