<ul data-eligibleForWebStory="true"><li>Fartcoin (FARTCOIN) faces renewed selling pressure, falling by 2.61% to trade at $1.17.</li><li>The 24-hour trading volume dropped by over 55.36% to $251.97 million, leading to a 2.51% decrease in market cap to $1.17 billion.</li><li>Despite nearly full circulation, FARTCOIN failed to maintain momentum, reflecting weakening buyer conviction.</li><li>Technically, Fartcoin hovers above support at $1.10, with a potential downside opening below towards $1.00, and resistance seen at $1.29.</li><li>The Relative Strength Index (RSI) at 49.35 suggests a lack of clear directional momentum, supported by a below-average placement compared to its moving average.</li><li>The Chaikin Money Flow (CMF) at -0.06 indicates outflows surpassing inflows, typical of distribution phases and bearish sentiment.</li><li>Heavy volume on down days and absence of bullish crossovers in moving averages add to the bearish outlook for Fartcoin.</li><li>The crypto market remains uncertain, with Fartcoin vulnerable unless volume increases and a break above $1.29 occurs.</li></ul>

Fartcoin Teeters on Key Support With Bearish Signals Mounting

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