$FARTCOIN fell 3.75% in one hour. The active buy/sell ratio has dropped to only 0.672, and the open-position value shrank to 14.5 million—what’s being smashed down isn’t a brand-new short; it’s the longs themselves pulling out!
Price retreated from 0.1733 to 0.1668. The 24h low of 0.1646 is right under its feet. In the past 15 minutes, the buy/sell ratio is 0.647 and sell pressure hasn’t eased. Trading volume is 2.63 times the 24h average, funding rate is +0.005%, and longs are still paying a little. Deleveraging with volume leaning bearish suggests the interpretation: the sell-off is driven mainly by the old longs exiting. Invalidation condition: if it reclaims 0.1733 and the open-position value increases, this bearish read is no longer valid.
#FARTCOIN
Price retreated from 0.1733 to 0.1668. The 24h low of 0.1646 is right under its feet. In the past 15 minutes, the buy/sell ratio is 0.647 and sell pressure hasn’t eased. Trading volume is 2.63 times the 24h average, funding rate is +0.005%, and longs are still paying a little. Deleveraging with volume leaning bearish suggests the interpretation: the sell-off is driven mainly by the old longs exiting. Invalidation condition: if it reclaims 0.1733 and the open-position value increases, this bearish read is no longer valid.
#FARTCOIN
