Fartcoin Shows Signs of Potential Breakout After Consolidation

Fartcoin (FARTCOIN) is exhibiting technical signals that suggest a possible upward MOVE following a prolonged consolidation phase. The memecoin has been trading between $0.81–$0.87 support and $1.54–$1.69 resistance since late May, forming what appears to be a triple bottom reversal pattern.

Market technicians note the repeated defense of the lower boundary indicates accumulation, with the RSI's rebound from near-oversold levels adding credibility to the bullish case. A confirmed breakout above $1.69 could trigger a measured move toward the $2.40–$2.50 zone, representing significant upside potential from current levels.

The coin's previous rally from $0.20 to $1.65 in March-May demonstrates its capacity for volatile moves. Traders are watching the $1.69 resistance level closely, as a decisive break could confirm the reversal pattern and attract fresh buying interest.