FARTCOIN experienced a sharp 20% decline to $0.144 within 24 hours as over 6.5 million tokens flowed into centralized exchange wallets, intensifying downward pressure on the memecoin.
The price decline accelerated following a rejection at the $0.181 level, where sellers disrupted an earlier recovery attempt. Trading volume climbed 22.13% to $23.87 million, placing FARTCOIN among top losers in the memecoins sector.
Exchange Inflows Amplify Selling Pressure
Multiple large deposits arrived at major exchanges within 24 hours. Coinbase Prime Custody transferred approximately 957,090 FARTCOIN (valued near $164,800) into Coinbase's hot wallet. Gate.io received 3.48 million tokens (worth over $600,000) through coordinated transfers, including 1.733 million FARTCOIN from one depositor and 932,700 tokens from another. Wintermute moved approximately 824,000 FARTCOIN toward Gate.io.
Exchange inflow data showed net positive flows of $1.15 million in deposits versus $859,330 in withdrawals, creating sustained supply pressure as fresh deposits continued exceeding withdrawals.
Technical Levels and Recovery Scenarios
FARTCOIN declined toward the $0.14497 zone, approaching a key support level at $0.140 that previously supported price consolidation before August expansion. The token remains within a descending channel structure following rejection from the $0.22319 resistance level.
Technical indicators reflected continued selling pressure. The MACD indicator remained bearish with negative histogram at -0.00527, while the Relative Strength Index (RSI) declined to 41.08, remaining below its 51.41 moving average and indicating weak buying pressure. The RSI had not reached oversold conditions, suggesting scope for deeper corrections.
A hold of the $0.140 support level could support a recovery toward the upper descending channel boundary, potentially reopening a path to the $0.180 resistance zone. A break below $0.140 would weaken the support structure and expose $0.11773 as the next level.
Liquidation Levels Offer Potential Targets
Liquidation data identified potential recovery targets above current price levels. A notable liquidation liquidity cluster exists between $0.156 and $0.161, with additional clusters around $0.165 extending toward $0.170. These upper liquidity pools could attract price movement if the $0.140 support holds and buying pressure returns, with a recovery through $0.161 potentially increasing pressure on short positions in higher liquidity zones.
