Fartcoin is at a decisive crossroads as traders assess mixed signals across different timeframes. While bulls push for a breakout fueled by medium-term strength, bears are circling a potential short-term breakdown. Tension is building, and both camps are gearing up for a critical move.
Fartcoin Rising Wedge Threatens Breakdown
The 4-hour chart, shared by analyst Captain Faibik, presents an ominous structure: a rising wedge. This classic bearish pattern is further compounded by RSI divergence, suggesting weakening momentum despite higher prices. Currently trading around $1.18, Fartcoin price has slipped slightly in recent sessions and now hovers just above the wedge’s support line.
Should this support between $0.95 and $1.15 give way, Faibik warns of a potential decline toward $0.72, representing a 40% decrease in price. The outlined target is backed by both technical structure and momentum indicators that are beginning to favor downside movement. The rising wedge, a sign of exhaustion, typically resolves lower, especially when paired with flattening volume and failing momentum.
The declining short-term volume and the increasing presence of consolidation clusters between $1.00 and $1.20 add to the concern. This region is now acting as a battleground for market direction.
Bulls Counter with Daily Chart Momentum
The daily chart tells a more optimistic story despite the short-term storm clouds. Fartcoin price exhibits a classic cup and handle formation, supported by bullish MACD crossover and steadily rising volume. The coin has been on a recovery path since bottoming near $0.45 in late 2024 and has posted a series of higher highs and higher lows.
Momentum remains favorable for bulls, as the RSI has flipped above 50 and continues to trend upward. Fartcoin remains firmly above the 20-day and 50-day moving averages, indicating a potentially lasting bullish phase. Volume trends further support the bullish case, with buy-side pressure increasing during every pullback.
Meanwhile, the conflict between the 4-hour bearish wedge and the daily bullish pattern sets the stage for a volatile resolution. Traders are closely watching the $1.00–$1.20 zone, which has become a psychological and technical pivot.
A breakout above the wedge’s upper boundary could invalidate the bearish setup and reignite upward momentum. At the same time, a decisive break below the lower trendline could lead to a swift correction.
For now, Fartcoin holders face a war between bulls banking on structural strength and bears waiting for weakness to exploit. With momentum indicators flashing mixed signals, watching the next few weeks will be interesting.
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