FARTCOIN has experienced a surge of 27% in the past 24 hours, reaching a new all-time high of $1.36. However, this increase in price has coincided with a significant drop in trading volume, indicating a lack of broad participation among traders. The negative price/trading volume divergence raises concerns about the sustainability of the rally, as low volume suggests weaker market conviction. Additionally, the negative Chaikin Money Flow (CMF) confirms selling activity and suggests a lack of conviction behind the rally. If selling pressure continues to increase, FARTCOIN may witness a pullback to $0.56 or even $0.44. On the other hand, if the uptrend persists, FARTCOIN's price may reach a new peak.



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