Fartcoin (FARTCOIN) Price is At a Crossroads, Will It Break Out or Break Down?

Fartcoin is facing bearish pressure on the daily technical charts. As per CMC data, it is currently trading at $1.05 with an intraday drop of 8%, showcasing bearishness. It is in a critical bearish phase, which has shaped its recent price movements.  The cryptocurrency has formed a clear price corridor