FARTCOIN | Bounce from Range Low, But Risks Remain

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FARTCOIN | Bounce from Range Low, But Risks RemainFARTCOINUSDT Perpetual ContractBYBIT:FARTCOINUSDT.PGoldfinch_songPrice has bounced from the range low near $0.92, with early RSI divergence suggesting potential short-term relief. However, the structure remains fragile unless price reclaims key resistance. 🟩 Support: • $0.92 = Range Low • Break below = fast drop to $0.60 🔴 Resistance to Watch: • $1.21 = Key rejection zone • Above $1.21 opens up space toward the range high at $1.45–1.50 📉 Risk Scenario: • Bearish continuation if $0.92 fails • Targets: $0.73–0.60 (HTF demand) 📈 Bullish Case: • Strong reclaim of $1.21 • RSI recovery confirms bottoming — reopens path to range top 📌 Range low bounce is intact — but strength only confirmed above resistance. Mid-range = caution zone.