Fartcoin has already fallen more than 20%, and from a technical perspective, there is still room for further adjustment. Based on the daily chart, the key resistance level remains under continuous pressure, and so far, there has been no daily close above this level, indicating that downward momentum is still present. If judged by technical patterns, there may be approximately 10% of downside potential to be absorbed. In the short term, attention should be paid to whether the daily chart can regain this critical level, as it will be an important signal for a reversal.
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SatoshiChallenger
· 9h ago
Another tech enthusiast is drawing lines again. Interestingly, after a 20% drop, they're still discussing reversal signals... Data shows that these "key levels" always lead retail investors to buy in.
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SelfCustodyIssues
· 9h ago
It's the same old script again... Still expecting a 10% drop? Might as well just say it will go to zero.
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BridgeTrustFund
· 9h ago
It dropped again... I don't understand what the bottom line of this coin is anymore. I feel like I should liquidate my holdings.
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TeaTimeTrader
· 9h ago
It dropped again, 20% isn't enough, huh... This crappy coin really can't stay stable.
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GateUser-5a034b7b
· 9h ago
Which level is important for reversal
if it cant hold then up to which point it will go further
Fartcoin has already fallen more than 20%, and from a technical perspective, there is still room for further adjustment. Based on the daily chart, the key resistance level remains under continuous pressure, and so far, there has been no daily close above this level, indicating that downward momentum is still present. If judged by technical patterns, there may be approximately 10% of downside potential to be absorbed. In the short term, attention should be paid to whether the daily chart can regain this critical level, as it will be an important signal for a reversal.