Fart Coin (Fart) just released a 10% correction that puts price measures directly at critical support levels

Fartcoin (Fart) has dropped 10% in the past 24 hours, hitting the recent low and directly entering the support area of ​​high probability.

Fartcoin (Fart) has dropped 10% in the past 24 hours, hitting the recent low and directly entering the support area of ​​high probability. The center of this level is about $0.91, which is not only a support area on the daily chart, but also a macro low in the broader uptrend structure. The convergence of technical indicators in this region makes it a critical moment for the continued bullish momentum.

Technical Analysis

Fartcoin’s recent move has brought it directly to the $0.91 support area, a level now of structural importance in determining the next step in the market cycle. This area is exactly in line with the last rise and the 0.618 Fibonacci retracement in the VWAP support area, which reflects previous buyer interest at higher prices.

This level of technical importance is also because it is consistent with the swing lows that have been swept recently. This action may trigger a stop loss order and may be a liquidity that is a common precursor to continuous reversal if accompanied by an increase in trading volume. However, so far, trading volumes are still low, which signals hesitation among buyers. For bullish cases, it needs to be changed quickly to remain effective.

If this area is defended, the next logical goal will be to rebound to $1.29, the final swing high. However, if $0.91 concessions and support collapse, Fartcoin will undermine its macro higher low structure, triggering potential trend reversals and deeper declines.

What to expect in the upcoming price action

Fartcoin's 10% slide into the stacked support area, which is a critical moment. A bullish reaction supported by increased trading volume could make $1.29 the starting point for the rebound. However, if it fails here, it will mark an interruption in the market structure and may lead to further declines.

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