📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
FARTCOIN Makes Key Bearish Breakdown — But Will This Fractal Bring a Bounce Back?
Date: Wed, July 09 2025 | 10:05 AM GMT As Q3 kicks off, the cryptocurrency market continues its impressive rally from Q2. Ethereum (ETH) is leading the charge with steady momentum, trading near $2,615 — up 6% in the last 7 days. Riding this wave, several altcoins and memecoins are looking to follow suit. But one outlier is catching eyes for a different reason — Fartcoin (FARTCOIN) has turned red, and its chart is at a critical juncture following a bearish breakdown.
Source: Coinmarketcap FARTCOIN Mirrors HYPE’s Breakdown Structure When comparing the 4H charts of HYPE and FARTCOIN, a similar structure becomes visible. Hyperliquid (HYPE) recently experienced a breakdown from what could be interpreted as either an unconfirmed falling wedge or a rising wedge pattern. After the breakdown, HYPE found support at its 100-period moving average (100 MA), where it managed a short-term bounce — highlighted in the circled area on the chart.
HYPE and FARTCOIN Fractal Chart/Coinsprobe (Source: Tradingview) Now, $FARTCOIN seems to be tracing a nearly identical setup. FARTCOIN too has broken down from a similar wedge structure, and has now landed near its 100 MA support — the same point from which HYPE previously bounced. This similarity raises the possibility of a near-term relief rally, especially if price holds this level. What’s Next for FARTCOIN? If FARTCOIN continues to mimic HYPE’s movement, we could see a bounce from this support zone toward the wedge’s resistance trendline around $1.15 — or possibly even a retest of the upper area of the previous rising wedge. However, a breakdown below the $1.00 support would invalidate this bullish fractal idea and likely confirm continued weakness. In that scenario, FARTCOIN could slide further down into the broader falling wedge, with downside targets near $0.95 and $0.93 — both historically tested support zones. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.