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FART Retests Channel Ceiling as Momentum Builds Near a Major Market Turning Point

$FART trades at the channel’s upper boundary with rising volume and stronger candles, showing notable momentum as traders monitor this key resistance test.

The market structure tightens near the trendline as buyers increase engagement, revealing growing interest around a level that has shaped previous price reactions.

A breakout above the descending channel may open price movement toward higher liquidity areas, offering a new directional shift after extended downward action.

$FART is approaching a decisive trading zone as price returns to the upper boundary of its descending channel, where previous rallies have stalled. Market participants are closely observing the current structure because the next directional move may define the broader trend.

Price Tests a Key Channel Barrier

The recent post from CryptoPulse_CRU noted that $FART has climbed back to the top of its descending channel after a series of earlier rejections. The level has acted as a firm ceiling, sending the asset lower each time it attempted a breakout. This renewed test has drawn attention as volume has begun to rise and candles have pressed more firmly against resistance.

The chart shows compressed price action, suggesting market activity is tightening near this boundary. Buyers have slowly increased participation as the asset approached the channel’s upper trendline, hinting at a more assertive stance. This setup places $FART in a position where either a breakout or a rejection could unfold without much delay.

CryptoPulse_CRU noted that a move above the channel may open a path toward $0.30 and later $0.35. A confirmed retest after a breakout could extend price movement toward $0.40, where previous liquidity formed. Such a development would alter the broader pattern and shift the asset away from its prolonged downward structure.

Conversely, failure to clear this boundary may send the price back into the channel. Lower momentum or reduced trading activity would validate a renewed downswing, potentially guiding $FART toward the channel’s mid-range support. Sellers could also attempt to move price toward the lower boundary if rejection strength increases.

Market Awaits the Next Key Signal

The present structure indicates a compressed zone that often precedes a decisive move. Trading activity near resistance has increased, suggesting market participants are anticipating a breakout attempt or a strong reaction from sellers. This tightening behavior has been consistent with earlier interactions at the same level.

The tweet emphasized that recent candles have pushed more aggressively against resistance. This contrasts with earlier phases where price touched the trendline only briefly before sliding back. The current positioning shows traders are monitoring structural changes that could shift longer-term sentiment.

If a breakout forms, a broader recovery phase may emerge after extended downward activity. This would shift attention toward price levels that previously acted as liquidity clusters. A move through the channel roof would also alter the market structure that has guided $FART for months.

Should another rejection develop, traders may expect a return to established support zones. This would maintain the existing downward channel and reinforce the pattern noted repeatedly by CryptoPulse_CRU. The next candle is viewed as an important signal as the asset remains positioned at this critical point.

The post FART Retests Channel Ceiling as Momentum Builds Near a Major Market Turning Point appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

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