$FARTCOIN #数字资产市场动态 FARTCOIN experienced a significant correction in the past 24 hours, with a daily decline of over 10%, breaking through the $0.36 support level📉. Looking back at January's market, the coin price once surged over 26%, but currently market participants are all on the sidelines, with both bulls and bears waiting for clear signals.


From the K-line chart, once selling pressure is released, the price will slide straight down. On the technical side, the MACD shows a weak signal, and trading volume is also shrinking, which usually indicates a potential downside. If the downward trend continues, FARTCOIN may retest the $0.27 level near the beginning of the year.
But from another perspective, this wave of decline might just be a shakeout of indecisive holders. Recently, a major exchange transferred a large amount of tokens, and the resulting selling pressure indeed triggered a panic sell-off, but smart money is quietly absorbing—funding rates and open interest indicators are turning positive💚.
Although a clear bottom is not yet visible in the short term, as long as the $0.36 support level holds at the close, a rebound to $0.40 or even breaking higher is entirely possible. The key is to observe subsequent volume performance.
FARTCOIN-5,86%
post-image
post-image
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)