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FARTCOIN drops 13%, struggles to reclaim key middle Bollinger Band amid bearish signals

Technical Signals
24 Sep 2026
AMBCrypto
View Source
Bearish
FARTCOIN drops 13%, struggles to reclaim key middle Bollinger Band amid bearish signals

FARTCOIN fell 13% during a market correction and is now testing the middle Bollinger Band as a key resistance level. Despite a green candle suggesting a potential pause in the decline, weak buying pressure and bearish perpetual trading data indicate sellers still dominate. The Money Flow Index at 53 and a flat Accumulation/Distribution Indicator show limited accumulation, while a majority of exchanges favor short positions. If FARTCOIN fails to reclaim the middle band, its price could drop further toward $0.17, but a successful retest might strengthen the rebound.

As of Sep 24, 2026 22:25 WIB, FARTCOIN trades at Rp3.388 on Pluang, down 0.77% over the past day, contrasting with the article's noted 13% fall during the correction. The platform shows a market cap of Rp3,46 trillion and a 63% sell order activity, indicating persistent selling pressure. This selling dominance aligns with the article's observation of weak buying interest and bearish sentiment.

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