Fartcoin At Critical Crossroads: Golden Fibonacci Pocket Holds Key
Fartcoin price has hit a decisive level near $0.80–$0.83,dubbed the “Golden Pocket.” this area防线 blends the 0.618 Fibonacci retracement with historical timeframe support. A successful defence here could catalyze a rebound towards $1.36.
Why Is the Golden Pocket Crucial?
- The $0.80–$0.83 range connects two crucial levels—a Fibonacci ratio and previous support.
- Prior liquidity under this range got absorbed, which helps create room for a new move higher.
- But volume matters; solid buying interest is essential to push past the $0.80–$0.83 level.
Previously, Fartcoin’s price dipped sharply after losing $1.36 resistance, ample evidence of a harsh correction.The price settled at the Golden Pocket, matching the 0.618 Fibonacci ratio, a historically significant reversal spot. For Fartcoin buyers, the presence of strong volume at this stage is crucial—it could signal genuine accumulation.
Without validated buying pressure, there’s a risk the current pause may slip under the Golden Pocket, opening way for further losses. However, hold on—if the price rallies with increasing volume, we could see a bounce towards $1.36. Eyes remain glued on this zone for insights into Fartcoin’s future trajectory.
