$FF/USDT Analysis: Pullback or Trend Reversal? 📉
The 15m chart for $FF shows some interesting price action today. After a sharp spike to $0.09848, we are seeing a significant retracement. Here’s the breakdown:
Current Price: $0.09612 (+1.89%)
EMA Check: Price has slipped below the EMA(7) and EMA(25), suggesting short-term bearish pressure. However, it is currently holding above the EMA(99) ($0.09522), which acts as a crucial support level.
RSI(6): Currently at 36.77, approaching the oversold territory. This could indicate that the selling momentum is slowing down.
Key Levels to Watch:
🚀 Resistance: $0.09848 (Recent High)
🛡️ Support: $0.09522 (EMA 99)
Outlook: If FF holds the EMA(99) support, we might see a bounce back to test the 0.097 level. If it breaks below, watch out for a deeper correction.
@Falcon Finance #FalconFinance

