Why FARTCOIN’s green candle may not be enough to stop the decline

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FARTCOIN lost 13% over the past day during a broader market correction. Price formed a green candle, but the middle Bollinger Band remained overhead as a resistance level to retest. The Accumulation/Distribution Indicator stayed flat in negative territory, and the Money Flow Index fell to 53, indicating weak buying pressure. Perpetual trading data showed a short bias across roughly seven out of ten exchanges. A failed retest of the middle Bollinger Band could push the token toward $0.17.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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