Compass Investments

– If FARTCOIN tests this level, the meme token could bounce back toward more significant resistance zones.

The highest concentration of volume was recorded in the range of $0.145 to $0.147. These levels could serve as upside targets during a correction.

Additionally, CoinGlasss Whale-Retail Delta indicator showed that whales dominated the recent price movement. They may begin accumulating coins after prices drop. If that happens, FARTCOIN could see a more robust recovery.

Why are short positions still vulnerable? LINE_BREAK Shorting FARTCOIN seemed profitable during the decline, but this strategy carries increasing risks.

According to CoinGlass data, long liquidations on centralized exchanges totaled approximately $942,000. Short liquidations totaled only $18,000. Thus, long liquidations exceeded short liquidations by approximately 52 times.

The ratio of long to short positions held by whales in FARTCOIN on Binance.

Such an imbalance could prompt more traders to open short positions. However, leading Binance traders remained bullish.

Long positions accounted for 56.07% of the total volume, while the share of long positions was 55.36% .

The long-to-short ratio among top traders was 1.24. This confirmed that large players continue to favor long positions. Therefore, further growth could trigger the liquidation of overleveraged short positions.

Are traders expecting a rebound?

At the time of publication, FARTCOINs open interest-weighted funding rate remained positive at 0.0051% . This metric rebounded slightly after the decline observed the previous day.

Fartcoin funding rate chart.

A positive funding rate meant that long holders were paying those who had opened short positions, reflecting higher demand for leveraged long positions. This positioning supports a rebound scenario, though it does not guarantee an immediate recovery.

FARTCOIN needs to hold within the low-liquidity zone before targeting larger clusters higher up.

FARTCOIN fell 13% , but the whales positioning remained bullish.

Olaywola Dolapo is a crypto analyst at AMBCrypto whose goal is to make the digital asset space more transparent and understandable for everyone. His journey was shaped by early market experience, which highlighted the importance of in-depth fundamental knowledgea principle that now underpins his work.”,”detected_source_language”:”RU