**Time Range**: 2025-12-14 16:00:00 ~ 2025-12-19 12:00:00
**Data Nature**: Real-time Candlesticks
## Candlestick Pattern Deep Analysis
1. **Strong bearish engulfing pattern around $0.3660 at the beginning of the chart** - Previous uptrend reversal signal - Strong bearish signal
2. **Multiple red candles with long bodies between 12-15 and 12-17** - Sustained selling pressure - Strong bearish momentum
3. **Bullish hammer pattern around $0.2800 on 12-17** - Potential temporary support - Moderate bullish signal
4. **Large bearish candle at 12-18 morning showing sharp price drop to $0.2372** - Panic selling with high volume - Very strong bearish signal
5. **Recent green candle with long lower shadow at $0.2372** - Potential buying interest at support level - Moderate bullish signal
6. **Latest green candle forming at $0.2765** - Possible short-term reversal attempt - Weak to moderate bullish signal
## Support and Resistance Levels Judgment
**Resistance Levels**:
- Short-term: $0.2800 (recent consolidation area)
- Mid-term: $0.3000 (psychological level)
- Strong resistance: $0.3366 (EMA99 level)
**Support Levels**:
- Immediate: $0.2370 (recent low with bounce)
- Mid-term: $0.2200 (projected based on previous price action)
- Strong support: $0.2000 (psychological level)
## Comprehensive Technical Evaluation
**Volume Analysis**:
The chart shows significantly higher trading volumes during the recent price drop, indicating strong selling pressure. The latest green candle also shows above-average volume, suggesting potential buying interest but with caution as it may be a temporary bounce rather than trend reversal.
**Trend Direction**:
The overall trend remains bearish as evidenced by:
1. All EMAs (10, 20, 5, 99) arranged in bearish alignment (shorter below longer)
2. Price trading below all EMAs
3. Lower highs and lower lows formation
**Technical Indicators**:
- EMA10 (0.2811) and EMA5 (0.2684) positioned well above current price, confirming bearish pressure
- EMA99 (0.3366) and EMA20 (0.3015) showing strong uptrend that price has fallen far below
- Current price ($0.2765) attempting to stabilize after significant drop
## Conclusion
FARTCOIN-USDT is currently in a strong bearish trend with a recent sharp decline to $0.2372. The most recent price action suggests a potential short-term bounce from support, but the overall technical structure remains bearish.
**Operational Suggestions**:
- Consider waiting for confirmation of trend reversal before entering long positions
- Watch for rejection at EMA10 ($0.2811) level
- Set tight stop losses if entering positions as volatility remains high
- Consider small position sizing due to the strong bearish momentum
**Risk Warning**:
The current market shows extreme volatility with a 9.66% daily decline. Any trading decisions should be made with strict risk management. Further downside is possible despite the recent bounce.
