#fartcoin #Update
1. Price Action (Binance 15m Chart for FARTCOIN/USDT):
Current Price: 0.8765 USDT (+2.29%)
24h High/Low: 0.9688 / 0.8261
Indicators:
EMA(34): Price is below it (~0.9079), signaling a short-term downtrend.
RSI(20): ~40.69 – approaching oversold territory, indicating possible bounce.
Williams %R: ~-53.7 – neutral, but closer to oversold.
MACD: Slightly bearish, as DIF is barely above zero, MACD is slightly negative.
You’re seeing mixed signals, but recent candles show signs of slowing downward momentum, with a bounce from 0.8740. There are some "Buy" signals on the chart, but trend confirmation is still pending.
2. Liquidation Heatmap (Coinglass):
The heatmap shows a cluster of predicted liquidation levels around 0.95, and support forming between 0.86–0.87.
This suggests:
Upside liquidity (squeeze potential) if price pushes back toward 0.95.
Downside pressure might lessen if 0.86 holds.
Summary:
Short-term: FARTCOIN is near local support; watch for a bounce.
Upside Targets: 0.90 → 0.95 (resistance & liquidation clusters).
Downside Risk: If 0.86 breaks, next support likely around 0.82 or lower.
