FARTCOIN has experienced a decline of over 8% in the past 24 hours, jeopardizing its $1 billion market capitalization. Following a strong rally earlier this month, bearish momentum has taken hold, as indicated by several technical metrics. The BBTrend has sharply turned negative, the ADX shows diminishing trend strength, and a potential death cross is forming on the EMA chart. Without renewed buying interest, FARTCOIN may encounter further losses. The BBTrend has dropped to -6.22, a significant reversal from a high of 27 just five days ago, indicating a shift in momentum. The ADX has also decreased to 14.83, suggesting a low-volatility phase with fading directional strength. The widening gap between bullish and bearish indicators points to a market dominated by sellers. FARTCOIN, which previously surged 64% earlier this month, has now fallen 22% in six days. If the bearish trend continues, it may test support levels at $1.06, $1.00, or even $0.86. Read more AI-generated news on: https://app.chaingpt.org/news