$FARTCOIN Gains 3.44%, Battling Key Downtrend Resistance

Fartcoin rises 3.44%, trading at $0.28506. The token holds a substantial market cap of $285.07M with a massive base of 160,791 on-chain holders and $12.75M in on-chain liquidity, indicating significant retail interest.

Despite the positive price move, the token faces a critical technical hurdle. The current price remains below the key Supertrend (10,3) indicator, which sits as formidable overhead resistance at $0.30726.

The chart shows a rally from the $0.23659 support level, but momentum is stalling as it approaches the $0.28894 resistance zone, still shy of the significant Supertrend wall.

This is a counter-trend bounce within a broader bearish structure defined by the resistance at $0.30726. For the move to signal a genuine reversal, bulls must engineer a decisive breakout above the Supertrend line. Until that level is conquered, the token remains vulnerable to a rejection and a retest of lower support levels near $0.25019, as the prevailing downtrend maintains its technical dominance despite the large holder base.