Fartcoin price has corrected into the Golden Fibonacci Pocket around $0.80–$0.83, a high confluence support zone. If defended, this level could spark a reversal toward the $1.36 high time frame resistance.
Summary
- Golden Pocket Support: Price stalled at $0.80–$0.83, aligning with 0.618 Fibonacci and HTF support.
- Liquidity Swept: Prior lows cleared, setting conditions for reversal.
- Volume Key: Bullish inflows needed to sustain a rotation toward $1.36.
After losing resistance at $1.36, Fartcoin (Fartcoin) has undergone a sharp correction, retracing into a critical support cluster. The $0.80–$0.83 region now marks the Golden Pocket Fibonacci retracement zone, a level historically known for reversals. With liquidity already swept beneath prior lows and price stalling within this pocket, the setup suggests the potential for a bullish reaction. However, volume confirmation remains key to validating a sustained reversal.
Key Fartcoin price technical points
- Golden Pocket Support: The 0.618–0.65 Fibonacci retracement aligns with $0.80 high time frame support.
- Liquidity Cleared: Price has swept prior lows within the $0.83–$1.36 range, generating conditions for reversal.
- Volume is Crucial: Bullish inflows are needed to confirm demand and initiate a rally back toward $1.36.
FartCoin/USDT (1D) Chart, Source: TradingView
The correction into the Golden Pocket has created a significant technical opportunity for Fartcoin. The 0.618 Fibonacci ratio is widely regarded as a critical support zone, where aggressive sell-offs often slow and reversals begin. In this case, its alignment with the $0.80 high time frame support enhances the strength of this level. Price has already stalled here, with multiple wicks below obvious lows, suggesting liquidity has been taken and absorbed.
From a market structure perspective, the correction followed a clean rejection at $1.36, the high time frame resistance that capped the previous rally. While the retracement appears steep, the structure of sweeping liquidity and stabilizing at a Golden Pocket is consistent with healthy corrective behavior. As long as the $0.80–$0.83 support holds on a closing basis, the higher-low projection remains viable, keeping the bullish framework intact.
The next key factor is volume. Despite price stalling at the Golden Pocket, the absence of strong bullish inflows has delayed any immediate reversal. For a sustained move higher, traders will need to see an uptick in demand, with rising volume confirming that accumulation is taking place. Once bullish influxes emerge, the probability of a rotation back toward $1.36 increases significantly. Without this validation, consolidation may persist in the lower half of the trading range.
What to expect in the coming price action
If volume confirms demand at $0.80–$0.83, Fartcoin could establish a bottoming structure and rotate back toward $1.36 resistance. However, a breakdown below Golden Pocket support would invalidate the bullish reversal setup and open the door to deeper corrections.