On the 1-day chart, Fartcoin appears to be reversing its bearish trend. The 20-day and 50-day moving averages formed a bullish crossover on March 28.

In the past few days, the 20DMA has acted as a dynamic support level for the price.

CMF briefly poked its head above +0.05 to indicate significant capital inflow, but quickly retreated to neutral territory. At the same time, Opp is about to push up the late February high.

At the same time, the quantity indicators also show increasing buying pressure, even if it is not overwhelmingly strong. This means the opportunity for a bullish reversal is becoming stronger.

Fartcoin has surpassed the resistance of $0.3615 and flipped it to support. This move is significant and marks a shift in its bullish structure. The level of $0.619 is likely to tilt to support the next step.

The 4-hour chart shows the range formation over the past week. The midpoint level of $0.508 has previously acted as support and can serve as resistance in the hours following the publication.

The CMF on the H4 chart has been reduced due to a significant correction from $0.63 to $0.39, marking an extreme range.

In the last few hours, a rapid rebound has pushed the RSI towards the neutral 50, reflecting bullish momentum. Bulls hope to see the mid-range level of $ 0.508 flip to support soon and can use it for a long position.

The Fartcoin liquidation heatmap shows that there is a large liquidity of $0.556, $0.6, and $0.64. The liquidity bags below the price are far apart from the liquidity bags above, approximately the same.

Therefore, in the coming days, Fartcoin is more likely to rise to $0.64 rather than reverse to $0.38. Therefore, traders can expect a rally towards the short-term range high of $0.63, and possibly higher.