Fartcoin Price Analysis Powered by AI

Bull Flag Coiling Under 0.36: Dip-Buy Setup Targets a 0.374 Stop-Run in the Next 24 Hours

Step-by-step multi-timeframe technical read and 24h roadmap

Market structure and context

Daily trend: From Sep highs near 0.95, Fartcoin entered a protracted downtrend culminating in the Oct 10 shock low wick to 0.189 and a regime shift into a basing range 0.21–0.30 during mid–late Nov. The last four sessions show a decisive markup from 0.223–0.210 base to 0.352–0.350, signaling an attempted trend reversal on the daily timeframe.
4h and 1h trend: Clear higher highs and higher lows since the Nov 22 pivot (0.2106). Intraday on Nov 28 price expanded to 0.361–0.362, pulled back constructively, and is consolidating around 0.35 with support forming in the 0.342–0.345 area. Structure remains bullish above 0.332–0.335.

Key levels and liquidity map

Resistance: 0.356–0.362 intraday supply and prior session high zone; 0.374 swing high from Nov 26; extension resistances at 0.385–0.390; legacy resistance band 0.400–0.418.
Support: 0.342–0.345 intraday shelf; 0.335 cluster; 0.329–0.332 demand; deeper pullback supports 0.316–0.320 (38.2 percent retrace of 0.2106 to 0.3742) and 0.298–0.300.
Liquidity: Resting buy stops likely above 0.361–0.362 and above 0.374 swing high. Sell stops likely below 0.342 shelf and 0.332 higher low. Expect a stop-run attempt at one of these brackets within 24h.

Moving averages and trend filters

20-day SMA estimate near 0.277 (computed from last 20 closes). Price at 0.35 is materially above the 20SMA, a bullish mean-reversion tailwind.
50-day SMA likely below 0.40 but above 20SMA; price recently reclaimed faster averages (9/21 EMAs) and is riding above them on 4h/1h, confirming short-term trend up while higher-timeframe trend is shifting from down to neutral.
Slope: 9/21 EMAs rising on 1h and 4h, supportive of momentum continuation if 0.342–0.345 holds.

Momentum oscillators

Daily RSI estimate around 58–60 after a string of higher closes since Nov 22, not overbought, with room to push toward 65–70 on a breakout.
1h RSI hovering mid-to-high 50s post-pullback, typical of consolidations within uptrends; no active bearish divergence at the 0.361–0.362 test due to modest consolidation and volume confirmation.
Stoch RSI on intraday likely resetting from overbought toward midline, conducive to another leg higher if support holds.

MACD and breadth

Daily MACD histogram flipped positive after Nov 24–26 surge; MACD line crossing above signal suggests early-stage bullish impulse. 4h MACD has contracted during the pullback and is curling up, often preceding a fresh push to take prior highs.

Volatility and ranges

Daily ATR approximated around 0.03–0.05 post-spike regime. With current price at 0.35, a 24h range of roughly 0.32–0.38 is plausible. The 0.374 prior swing high lies well within 1 ATR above spot, making it a realistic 24h target on a continuation day.
Hourly ATR around 0.006–0.010, matching the observed intraday oscillations between 0.343 and 0.361.

Bollinger, Keltner, Donchian

Daily Bollinger: Mid-band ~0.277; estimated upper band near 0.377. Price traded just under the upper band on Nov 26; current 0.35 sits in the upper half of the envelope, consistent with trend continuation potential without immediate overextension.
Keltner channels: Price rides upper Keltner on 4h/1h, indicative of trend state; pullbacks to mid-channel (roughly 0.343–0.346 on 1h) have been bought.
Donchian channel: 20-day upper bound at 0.374; a breakout prints a fresh 20-day high, typically triggering momentum flows.

Ichimoku lens

On daily, price likely above Tenkan with Tenkan > Kijun or converging; cloud overhead remains a nearby test area around mid 0.36–0.40. On 4h/1h, price is above cloud or testing it from above, with bullish TK alignment. A 1h bullish Kumo retest around 0.343–0.346 aligns with optimal dip-buy area.

Volume, OBV, and VWAPs

Strong volume expansion on the markup days Nov 24–26, followed by orderly contraction during consolidation on Nov 27–28. Healthy pattern for continuation as supply is being absorbed.
OBV rising since Nov 22 low, confirming accumulation.
Anchored VWAP from Nov 22 pivot sits in the low 0.33s to ~0.34s by estimation; price above AVWAP implies bulls maintain control while that band underpins dip bids.

Fibonacci mapping and extensions

Swing low 0.2106 (Nov 22) to swing high 0.3742 (Nov 26):
- 38.2 percent: ~0.312
- 50 percent: ~0.292
- 61.8 percent: ~0.273
The Nov 27–28 pullback bottomed around 0.316–0.320 and 0.316 intraday, squarely near the 38.2 percent, characteristic of a bullish shallow retrace. If wave 5 continuation unfolds, 1.0 extension retest is 0.374; 1.272–1.414 extensions point to 0.385–0.392.

ADX, Aroon, and trend strength

ADX on daily likely climbing from sub-20 toward low-20s as the new up-leg establishes. Aroon Up signals dominance after consecutive higher closes. This supports buying dips rather than fading strength.

Pattern diagnostics

V-shaped recovery off 0.21 followed by a bull flag/ascending consolidation on 1h between 0.343–0.362. Break of 0.362 would complete the flag with measured move toward 0.374–0.380.
Candles: Frequent lower wicks near 0.342–0.345 show demand absorption. Rejections near 0.361 have been mild, suggesting supply is thinning rather than aggressive.

Wyckoff view

Accumulation base 0.21–0.27, sign of strength through 0.30, then a last point of support forming around 0.342–0.345. Phase D characteristics with demand supporting higher lows and testing prior highs appear in play. Next expected behavior: rally to take out 0.374 swing high, potentially transitioning into Phase E if volume expands on the breakout.

Elliott wave framing

From 0.2106 low: impulsive wave 1 into low 0.30s, wave 2 shallow retrace, wave 3 toward 0.374, wave 4 flat-to-running consolidation 0.343–0.362, wave 5 attempt targeting 0.374–0.385 zone. Invalidation if price undercuts 0.332–0.329 structure.

Scenario analysis for next 24 hours

Base case 55 percent: Hold 0.342–0.345, rotate up through 0.356–0.362, trigger stops, and extend to 0.372–0.378 with a spike toward 0.374 prior high. Close near 0.366–0.372 if momentum sustains.
Pullback dip-and-rip 30 percent: Brief sweep of 0.342 shelf into 0.338–0.340 or even 0.335, then strong reversal as buyers defend the 1h EMA cluster and AVWAP band, ending day near 0.364–0.370.
Bear alternate 15 percent: Lose 0.335 decisively, rotate toward 0.329–0.332 and potentially 0.316 if market-wide risk-off returns. This would postpone the breakout and threaten the short-term bullish thesis.

Risk management and invalidation

Bull thesis intact above 0.335 and especially above 0.329–0.332. A daily close below 0.329 would warn of a deeper retrace into 0.316–0.320, with 0.298–0.300 as next support.
For longs, the optimal risk-reward favors buying minor dips into 0.342–0.345 with targets near 0.372–0.378. R multiple improves further if entry comes on a liquidity sweep under 0.342 quickly reclaimed.

Consolidated conclusion

Multiple tools align bullishly: price above rising short MAs and 20SMA, MACD positive, RSI not overbought, OBV rising, shallow 38.2 percent retrace bought, and a 1h bull flag with resistance nearby. The path of least resistance over the next 24h is a retest and likely breach of 0.361 to probe 0.372–0.374, with 0.378 as stretch. Therefore, bias is buy-on-dip with a limit around 0.344–0.345, targeting a take-profit into the 0.374 region within the 1 ATR envelope.

Trading plan for the next 24 hours

Bias: Buy dip into 0.344–0.345 support or hold if already long above 0.335.
Entry: Optimal limit 0.3445, aligned with intraday shelf and 1h mid-channel.
Target: 0.374 near the Nov 26 swing high and upper Bollinger band neighborhood.
Invalidation for thesis: Sustained break below 0.332; would avoid longs until a reclaim.

Probability-weighted expectation

Expected close range if bullish: 0.364–0.372.
Spike potential: 0.374–0.378 on stop run through 0.362.
Bear risk tail: 0.335 first, 0.329–0.332 second; only a daily close below would flip bias to sell rallies.