Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
FARTCOIN Testing Key Support — Could a Fractal Breakdown Trigger a Downside Move?

FARTCOIN Testing Key Support — Could a Fractal Breakdown Trigger a Downside Move?

CoinsProbeCoinsProbe2025/11/29 13:18
By:Nilesh Hembade

Date: Sat, Nov 29, 2025 | 09:58 AM GMT

In today’s crypto market, Fartcoin (FARTCOIN) — one of the strongest-performing memecoins this week with a surge of over 57% — is now trading in red. But the bigger focus is on its technical structure, which is beginning to flash warning signals as a potential fractal setup takes shape.

FARTCOIN Testing Key Support — Could a Fractal Breakdown Trigger a Downside Move? image 0 Source: Coinmarketcap

Symmetrical Broadening Wedge in Play

On the 4H chart, FARTCOIN continues to consolidate inside a symmetrical broadening wedge, a neutral-to-bearish structure that often leads to volatile swings in both directions.

The recent rejection from the wedge’s upper trendline near $0.3623 pushed price sharply downward toward its immediate support at $0.3224. What makes this level important is that it aligns with the previous breakdown zone, where FARTCOIN lost both the support and the 50 MA — triggering a steep 14% decline.

FARTCOIN Testing Key Support — Could a Fractal Breakdown Trigger a Downside Move? image 1 FARTCOIN 4H Chart/Coinsprobe (Source: Tradingview)

Now, once again, the token is sitting at the same fractal support, and this time, FARTCOIN is hovering just above the 50 MA at $0.3146, increasing the stakes for a potential breakdown or rebound.

What’s Next for FARTCOIN?

If FARTCOIN fails to defend the current support zone around $0.32 and closes decisively below the 50 MA, the fractal setup would be confirmed. Such a move could open the doors for further downside, likely dragging the price toward the next key support around $0.2790, which sits roughly 14% lower from current levels.

On the flip side, if buyers step in and protect the support, a rebound from this zone followed by an upside breakout from the wedge could shift momentum back in favor of bulls, setting the stage for a fresh leg higher.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Upbit Delayed Hack Disclosure by 6 Hours During Naver M&A Talks

Quick Take Summary is AI generated, newsroom reviewed. Upbit suffered a 54-minute hack of its hot wallet, resulting in the theft of over 104 billion Solana-based tokens, primarily BONK and SOL, valued at approximately 44.5 billion won. Despite detecting the breach quickly, Upbit delayed notifying regulators (FSS) by over six hours, reportedly to avoid disrupting M&A talks between its parent company, Dunamu, and Naver. South Korean regulators (FSS) have launched an inspection, but current laws limit the abi

coinfomania2025/12/08 15:30

PENGU Token Experiences Rapid Climb: Genuine Technical Breakthrough or Inflated Hype?

- PENGU token surged 25% in 24 hours, sparking debates over technical breakout vs. speculative bubble. - Technical indicators show conflicting signals: overbought MFI and rising AO vs. weakening RSI and broken support levels. - Derivatives activity and negative funding rates suggest short-covering pressure, but high volatility (14.46%) risks sudden reversals. - Strategic partnerships with Bitso and Medicom Toy hint at long-term potential, though broader market uncertainty remains a key risk. - Traders must

Bitget-RWA2025/12/08 15:22
PENGU Token Experiences Rapid Climb: Genuine Technical Breakthrough or Inflated Hype?
© 2025 Bitget