#Fartcoin update #MostRecentTrade
Here's a quick breakdown of what’s happening with FARTCOIN/USDT on the 15-minute chart:
Key Points:
Current Price: $0.9704, down -9.36% in the last 24h.
24h High/Low: $1.1228 / $0.9389 — strong volatility.
EMA Signals:
EMA(20): 0.9772 (above current price – bearish short-term pressure)
EMA(200): 1.0541 (much higher – confirms bearish trend)
RSI(20 & 80): Both around 42 – neutral to slightly oversold, not a strong reversal signal yet.
Williams %R: -85.46 — deep in oversold territory.
MACD: Slightly negative and flat, indicating weak momentum.
Observations:
Price is below both EMAs — a typical sign of a downtrend.
It hit a local low at 0.9389, and now there's a small bounce.
Notice says spot trading pairs will be removed on May 9, which may cause increased volatility or panic sell-offs.
