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Fartcoin Teeters on Edge as Bearish Pattern Threatens Nosedive

Fartcoin Teeters on Edge as Bearish Pattern Threatens Nosedive

Author:
Cryptonews
Published:
2025-06-03 16:59:36
15
1

Technical charts flash warning signs for the meme coin—will traders brace for impact or dismiss it as another false alarm?

Beneath the surface: A breakdown from this formation could accelerate losses, turning hodlers’ dreams into margin calls. Remember kids—what goes ’to the moon’ usually comes back as space junk.

Meme Coin Speculators Have Moved on From Fartcoin

The late-week fall led to a wipeout of bullish-aligned traders in the Fartcoin derivatives, marking the largest long liquidation event to date—$7.74 million was erased during Friday trading, according to CoinGlass data.

Total Liquidations Chart. Source: CoinGlass.

Fartcoin Total Long / Short ratio. Source: CoinGlass.

Open interest is showing signs of recovery, rising 8% since the weekend, but most bulls appear hesitant to re-enter long positions. The long/short ratio stabilizing NEAR 1.0088—a near 50/50 market split.

Fartcoin Long / Short ratio. Source: CoinGlass.

Fartcoin Long / Short ratio. Source: CoinGlass.

The speculative momentum that drove the 360% two-month FARTCOIN price rally has cooled, leaving the token in a delicate balance as traders remain in a split decision over further losses or gains.

FARTCOIN Price Analysis: Could the Crash Get Deeper?

The full breakdown projected by the rising wedge pattern has not yet unfolded, leaving room for a further 40% decline to $0.66.

FARTCOIN / USDT 1-day chart, rising wedge pattern. Source: TradingView / MEXC.

FARTCOIN / USDT 1-day chart, rising wedge pattern. Source: TradingView / MEXC.

While post-breakout momentum has found interim support at the $1 mark—aligned with the 0.5 Fibonacci retracement level, a typical correction reversal zone—momentum indicators still favor further downside.

The RSI has fallen below the neutral line at 50, currently at 44—a strong indicator that the correction has given way to a full downtrend.

Meanwhile, the MACD shows slight upward movement but remains well below the signal line, indicating continued dominance by sellers.

The 20SMA, a previous strong support during the 2-month rise, will likely be a proving ground for a Fartcoin price recovery. Reclaiming it as support could limit further losses.

That said, $1.15 remains the immediate resistance level to watch. The last two daily candles have failed to break through, suggesting a potential rejection ahead.

$600K Early ICO Could Shake Up an $85 Billion Industry

While Fartcoin’s run fades, attention is shifting to SUBBD ($SUBBD), an AI-powered content platform redefining a $85B industry by giving fans true access and creators better monetization tools.

Never miss a sale again.

As a top creator, your audience is global. It’s just not possible to cater to everyone – you can’t be online 24/7🫠

That’s where your personal AI Assistant comes in, to handle requests and secure payments. Sleep peacefully knowing you’re making money… pic.twitter.com/ju9VjLBmea

— SUBBD (@SUBBDofficial) March 26, 2025

Traditional creator-subscriber platforms often take hefty cuts—up to 20%—while giving users little agency over their communities.

SUBBD flips the script, cutting out the middleman and putting the power directly in creators’ hands, to great support with almost $600,000 raised in its ongoing presale.

These perks extend to fans in an access-driven ecosystem. Token-gated content, discounts, and early access allow supporters to engage with their favorites in a meaningful way.

You can keep up with SUBBD on X, Telegram, and Instagram, or join the presale on the SUBBD website.

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