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Altcoin Sherpa Eyes Key Fibonacci Level for Fartcoin Rebound

  • Altcoin Sherpa believes Fartcoin is nearing a crucial support zone at the 0.618 Fibonacci level around $0.75.
  • The asset's price structure seems fragile, and a strong daily close is needed to avoid further decline, especially if Bitcoin doesn't rally.
  • Despite the downtrend, Altcoin Sherpa is adding to his Fartcoin position at current levels, expecting a potential bounce in the 0.5–0.618 Fibonacci zone.
  • The analyst anticipates the $0.75 support area could act as a local bottom, although the setup remains vulnerable with declining volume and critical support.

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