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$FARTCOIN 30-Min Chart – Elliott Wave in Action! 📈
📊 Wave Analysis Breakdown:
#FARTCOIN just completed a 5-wave impulse move up, and now we’re seeing the start of a potential ABC corrective phase.
The market is at a key decision point!
🔹 Wave (B) has hit the 0.72 Fib retracement ($0.3086) – a typical rejection zone for corrections.
🔹 If the correction continues, Wave (C) targets could be:
📉 $0.2729 (1.0 Fib) – First support level.
📉 $0.2508 (1.618 Fib) – Deeper retracement zone.
🔹 However, a strong break above $0.3086 could invalidate the correction and signal more upside!
✅ Short-term Bears: Look for rejections near $0.3086, with potential downside targets at $0.2729 - $0.2508.
Watch for bullish confirmation around support levels for a possible next wave up!