<ul data-eligibleForWebStory="true"><li>Fartcoin is facing bearish pressure, failing to hold above the 50-day EMA with critical support at $0.82 in jeopardy.</li><li>Negative sentiment at -0.2313 suggests waning retail and institutional interest since May.</li><li>Technical tools indicate a potential further price decline for Fartcoin, with 200-day EMA at $0.8286 under threat.</li><li>During the recent price movement, Fartcoin briefly exceeded the 50-day EMA but faces strong bearish pressure.</li><li>The RSI indicator at 38.97 and the 14 SMA line at 48.78 show bearish confirmation.</li><li>Social sentiment analysis remains negative at -0.2313, indicating fading interest from retail and institutional traders.</li><li>MACD indicator supports the bearish sentiment with the MACD line below the signal line and zero line.</li><li>Fartcoin appears to be forming a descending pattern with support around $0.82.</li><li>A breach below $0.82 support may trigger stop-loss orders and drive prices lower.</li><li>Highlighted Crypto News Today: Nakamoto Holdings Secures $51.5M to Build Publicly Traded BTC Reserve</li></ul>

Fartcoin’s 11% Freefall Puts 200 EMA Support Under Severe Pressure

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