FARTCOIN's recent rebound momentum has clearly weakened, and the bearish pressure is gradually increasing. From a technical perspective, EMA99 is forming a strong resistance, and each rebound has become an excellent selling point. The candlestick has closed bearish and engulfed the previous gains, indicating a clear short-term correction signal. It is recommended to first monitor the recovery of the lower gap.
Regarding key price levels, focus on the 0.33-0.28 range, which may serve as support. Also, set a stop-loss at 0.42 to control risk. Currently, the pattern shows that the bears have a clear advantage, and trading should be more cautious about rebounds to avoid being trapped in false signals.
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.
FARTCOIN's recent rebound momentum has clearly weakened, and the bearish pressure is gradually increasing. From a technical perspective, EMA99 is forming a strong resistance, and each rebound has become an excellent selling point. The candlestick has closed bearish and engulfed the previous gains, indicating a clear short-term correction signal. It is recommended to first monitor the recovery of the lower gap.
Regarding key price levels, focus on the 0.33-0.28 range, which may serve as support. Also, set a stop-loss at 0.42 to control risk. Currently, the pattern shows that the bears have a clear advantage, and trading should be more cautious about rebounds to avoid being trapped in false signals.