The crypto market is staging a cautious move higher, but four tokens—Fartcoin (FART), XRP, Binance Coin (BNB), and Solayer (LAYER)—are now flashing red across the charts. From overbought RSI signals to increasing funding rates and growing open interest, these assets are entering prime short zones where the next move could decide whether this was just a bounce or the start of a deeper correction.
Let’s break down the setups and key levels that matter most right now.
Fartcoin (FART): Momentum Meets Major Resistance
Fartcoin has exploded more than 155% off its lows, reclaiming the critical $1.00 psychological barrier. Currently trading near $1.16, FART is showing strong momentum, but that very strength could be its undoing.
- RSI: 67 (approaching overbought); previous peak at 71
- Support: $1.00 (psychological level), $0.80, $0.60, $0.40
- Resistance: $1.14 (local top), $1.30 (January rejection level)
- Funding Rate: 0.0195% (slightly bullish bias)
- Open Interest: $485M and rising steadily for a week
The area between $1.14 and $1.30 is historically significant—it marked tops in previous cycles. The funding rate shows longs are beginning to stack, and with the RSI near exhaustion, many traders are preparing for a fade setup, planning to short in this zone.
Short-term, a move to $1.30 is possible, but upside beyond that looks increasingly unlikely without broader market support. A breakdown back toward $0.80 or $0.60 becomes probable if FART fails to hold $1.00.
XRP: Low Momentum, High Rejection Risk
XRP continues to grind within a broader bearish channel, trading between $2.00 and $2.23. Despite intermittent bounces, there’s been no change in macro structure—and the signals aren’t optimistic.
- RSI: Around 50 (neutral)
- Current Price Range: $2.10–$2.23
- Resistance Zones: $2.23, $2.35, $2.48, $2.58, $2.73 (liquidity trap zone)
- Support: $2.00 (weak), $1.78 (breakdown), $1.50–$1.30 (major downside zone)
The volume is weak, momentum remains low, and the move lacks organic strength. Short positions are being layered across the $2.23–$2.73 zone. If XRP breaks below $1.78, it confirms a shift toward lower targets between $1.50 and $1.30.
Despite some analysts predicting an average price of $3.14 by late 2025, the current structure continues to favor slow bleed setups rather than aggressive bullish moves.
Binance Coin (BNB): Short the Rip Setup Building
BNB is seeing strong short-term momentum, trading around $612.83, but the structure remains under pressure. Local support sits at $588, while resistance builds at $615, $640, and $670.
- RSI: 55 (neutral, room to push)
- Key Liquidation Zones: Longs at $578, shorts at $626–$650
- Macro Structure: Still trading inside a bearish channel
- 200 EMA: Acting as major resistance
Traders are eyeing a short setup between $640 and $670, supported by rising open interest and stacked short liquidations in that region. The play here is “short the rip”—wait for price to stretch into resistance, then enter with defined risk.
If rejected from this zone, downside targets sit at $578, followed by a more structural pullback toward $540 or $520.
LAYER: Strong Setup, But Topping Signs Are Emerging
Solayer’s LAYER token has been one of the stronger performers relative to other altcoins. After reaching a local top at $2.20, it is now showing signs of cooling. Current price hovers near $2.11, with RSI reset to neutral levels between 50–54.
- Resistance: $2.20 (clear exhaustion level)
- Support: $2.00 (minor), $1.90 (secondary)
- Trendline: Still holding—bullish until a breakdown
- Downside Targets: $1.60 (medium-term), $1.35 (macro support)
Price could revisit $2.20 if short-term momentum builds again, but signs of topping are clear. Analysts are calling $2.20–$2.35 the short zone, with the first real support breakdown opening the door to $1.60.
If that breaks, long-term holders may look to accumulate again near $1.35, where historical demand has shown strength. The chart remains one of the cleanest among recent mid-caps, but that also makes it a high-interest short zone.
Conclusion: Patience Now, Action Soon
While the broader market is trying to recover, Fartcoin, XRP, BNB, and LAYER are showing the classic signals of local exhaustion. High funding rates, rising open interest, overextended RSI levels, and historically reactive resistance zones suggest that downside risk outweighs upside potential—at least in the short term.
Key Zones to Watch:
- FART: Short between $1.14–$1.30; downside targets at $0.80–$0.60
- XRP: Short between $2.23–$2.73; watch for breakdown below $1.78
- BNB: Ideal shorts near $670; downside to $578 or $540
- LAYER: Fade rallies near $2.20; expect support tests at $1.60, possibly $1.35
Risk management is critical here. These are tactical short setups, not long-term bearish calls. The time to get aggressive isn’t now—it’s when price hits defined levels and reacts. Until then, let the market come to you.