Fartcoin Price Breaks Support, Signals Potential 50% Downside

Fartcoin has broken below its rising wedge support at $1.19. Analysts warn of a potential 50% decline if the crucial support level at $1.16 fails to hold. This bearish signal comes as Fartcoin’s price continues to decline after breaking out of a bullish pattern. The current price is around $1.24, down 5.1% from yesterday. Support levels are currently at $1.16, with resistance near $1.26. 50% drop could send the price plummeting to $0.60.