Fartcoin just posted a sharp 10% correction, bringing price action directly into a critical support level. The next move could determine whether the uptrend continues or collapses.
Fartcoin (FART) has seen an aggressive 10% drop over the past 24 hours, shaking out recent lows and landing directly on a high-probability support zone. This level, centered around $0.91, is technically significant, not only as a daily support area, but also as a macro higher low in the broader uptrend structure. The confluence of indicators at this zone makes it a “make or break” moment for the continuation of bullish momentum.
Key technical points
- Critical Support at $0.91: This area marks the higher low in the ongoing macro uptrend and now acts as a key battleground.
- Fibonacci & VWAPSR Confluence: The 0.618 Fib retracement, the VWAP support region, and a swept swing low all converge at this price.
- Low Volume Warning: While structure remains intact, continued low volume at support raises the risk of a breakdown without buying confirmation.
Technical analysis
Fartcoin’s recent move brings it into direct contact with the $0.91 support zone, a level now holding structural importance for determining the next leg of this market cycle. This zone aligns precisely with the 0.618 Fibonacci retracement from the last impulse, as well as the VWAP support region, which reflects buyer interest from previous higher prices.
Adding to the technical weight of this level is its alignment with a recently swept swing low. That move likely triggered stop-loss orders and may serve as a liquidity grab, a common precursor to bullish reversals, if accompanied by a volume uptick. So far, however, trading volume remains light, signaling hesitancy among buyers. That needs to change quickly for the bullish case to remain valid.
If this zone is defended, the next logical target would be a rotation toward $1.29, the last swing high. But if $0.91 gives way and the support collapses, Fartcoin would break its macro higher low structure—triggering a potential trend reversal and deeper drawdown.
What to expect in the coming price action
Fartcoin’s 10% slide into stacked support is a moment of truth. A bullish reaction backed by rising volume could initiate a rebound toward $1.29. But failure here would mark a break in market structure and likely lead to further downside.
