Fatcoin Faces Pressure but Eyes Reversal at High-Volume Support

Fatcoin is navigating a harsh correction after losing $0.93 support, with price now heading toward the $0.51 point of control. This high-volume area could provide the base for a reversal if defended.

After an extended bullish cycle, Fatcoin has entered a period of sharp correction. The breakdown below $0.93 shifted momentum decisively, sending price lower toward key volume nodes. With price now approaching $0.51, which aligns with the point of control, traders are closely watching for signs of a reversal. Should this region fail, downside pressure could extend further toward $0.29.

Key Technical Points:
- Loss of $0.93 support triggered accelerated downside.
- $0.51 aligns with the point of control (POC) and is the next key support.
- Failure to hold could send Fatcoin toward $0.29, while defense here could spark a reversal.

The loss of $0.93 marked a turning point for Fatcoin’s trend, as the breakdown invalidated previous bullish structures. Price quickly rotated lower, reflecting a lack of demand at higher levels. This correction has been aggressive, underscoring the importance of upcoming support tests.

The $0.51 level is now in focus. As the point of control, it represents the area of greatest historical trading volume, making it a likely battleground for bulls and bears. Defending this region could create the conditions for a reversal, especially if supported by fresh inflows of buying volume.

If price can stabilize at $0.51, Fatcoin could build a base for recovery, potentially rotating back toward lost resistances. However, the reversal must be validated with volume support, as a lack of participation could see price drift lower toward $0.29. The $0.29 zone represents a deeper historical support and would likely be the final defense before long-term bullish structure is put at risk.

Despite the sharp correction, Fatcoin’s technical picture is not entirely bearish. Consolidation at high-volume nodes can often act as a foundation for future rallies. Much will depend on whether buyers are willing to step in aggressively at the POC.

What to Expect in the Coming Price Action:

Fatcoin is approaching a decisive moment. If $0.51 holds and is backed by strong buying interest, a reversal could materialize, targeting higher resistance zones. Failure to defend this level, however, exposes $0.29 as the next downside objective.