FARTCOIN retreats from $0.20 as profit-taking hits 17% weekly rally

FARTCOIN fell from $0.20 after a 17% weekly rally, as $12.93 million in liquidations and rising exchange inflows triggered profit-taking. The token reversed to $0.17268 after seven wallets were liquidated within five minutes, according to Lookonchain data.

CoinGlass data shows the seven wallets lost 65.05 million FARTCOIN tokens, worth $12.93 million, in the concentrated liquidation event. The sell-off followed traders locking in gains from the weekly advance, though the token stayed well above the $0.12082 support that anchored its August recovery. The pullback has not yet broken the broader recovery pattern that has lifted the meme token off its August lows, leaving the weekly structure intact.

Spot netflows turned positive at $470,150, with tokens flowing to trading venues as traders banked weekly gains. The reading remained far below earlier peaks, pointing to short-term profit-taking rather than broad distribution. Continued positive netflows, however, would add further selling pressure on the recovery.

Exchange inflows build short-term supply

Binance top traders kept 66.7% of accounts long against 33.3% short, a 2.00 long/short ratio, even as price action turned lower. The bullish stance could support a rebound once profit-taking fades, though heavy long exposure risks forced liquidations if the decline extends. A prolonged drop could push leveraged longs to exit and add to existing selling pressure.

The divergence between spot flows and derivatives positions leaves the token at a crossroads. Buyers must absorb the returning exchange supply before the bullish stance among top traders translates into another sustained advance.

$0.15348 support tests the weekly recovery

The RSI cooled to 62.85 from overbought territory, while Parabolic SAR held below price at $0.16190. That level sits above the $0.15348 horizontal support, creating a nearby defensive area for buyers. Holding $0.15348 would preserve the weekly recovery and set up another test of $0.20; losing it exposes $0.12082 and deepens the correction.

The current pullback is a key post-rally demand test. If buyers defend $0.15348, the token could resume its climb toward the $0.20 resistance zone. A break below that level, however, would strengthen the case for a deeper correction and could weigh on the broader meme-coin sector, where sentiment-driven swings tend to push price moves further. FARTCOIN's retreat comes as Bitcoin dominance holds near 59 percent, keeping capital rotation into speculative altcoins under pressure. Traders will watch whether spot netflows stay positive into the next session, as sustained exchange supply would test the bullish stance among top traders.

This article is for informational purposes only and does not constitute investment advice.