6.0K @EyeOnChain A mysterious trader is making a big bet on $FARTCOIN .
Trader 0x9a96 has opened a 2x leveraged long on 16.73M FARTCOIN, currently valued at around $2.16M.
The trader isn't done buying either. They've also placed a limit order for another 18.04M FARTCOIN, worth approximately $531K, suggesting they're ready to increase the position if the price pulls back.
It's a clear sign of conviction, with the trader positioning for a potential move higher.
Address: 0x9a96792cbc71ddcde750c2076a50aafb03ceec05
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702.3K @lookonchain It looks like a mysterious trader is going long $FARTCOIN.
Trader 0x9a96 opened a 2x long on 16.73M $FARTCOIN ($2.16M) and also placed a limit order to buy 18.04M $FARTCOIN ($531K).
https://t.co/QqADLfn7NU https://t.co/FIBIqfwspF
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69.7K @CryptoPatel $FARTCOIN Bearish Retest Could Trigger Another 44% Drop
#FARTCOIN has completed a classic Breakdown → Retest setup after losing its ascending trendline support.
Price is now retesting the breakdown zone, which aligns with a major descending trendline resistance. This confluence makes it a high-probability rejection area.
Short Entry: $0.130 - $0.138
Targets: $$0.115/$0.10/$0.0075
Stop Loss: HTF Close Above $0.1435
A confirmed rejection from this zone could accelerate bearish momentum toward the next major support around $0.074, implying a potential 44% downside from the retest area.
As long as price remains below the HTF resistance, the market structure continues to favor sellers.
NFA. Always wait for HTF candle confirmation before taking a position.
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