2025-09-03 07:40:14

#Gate Initial Listing WLFI #Will Crypto Market Break Out in September? #Are You Bullish or Bearish Today?

Fartcoin is monitoring further gains with the breakout of the wedge pattern:
Fartcoin is trading in the green with an increase of 0.50% at the time of publication on Wednesday, following a jump of 10% from the previous day. The recovery of the meme coin reflects a bullish cycle within a descending wedge pattern on the daily chart.
The potential closing above the trend line at $0.85 may target the psychological threshold of $1.00.
The MACD indicator is preparing to break above its signal line, which will trigger a buy signal with a resurgence of bullish momentum. However, the RSI is at 43, approaching the midpoint to overcome the bearish influence.
If FARTCOIN closes below last week's low of $0.683, it will invalidate the wedge pattern, likely targeting the support level of $0.57.

WLFI-12.33%

IN-2.31%

FARTCOIN-3.65%

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