Fartcoin is in moderate structure, having broken out of a base and holding a critical horizontal support level, suggesting a continuation to the upside.
$FARTCOIN
Volume: Trading volume is healthy at over $100M in 24 hours, supporting the recent upward momentum seen in the past few days. The asset has been a strong performer in recent weeks.
Price Action: The price has successfully reclaimed and held the $0.34 horizontal support zone, which was a major resistance zone in October and November (see chart). The overall market signal for this asset is considered bullish. The next key psychological resistance is well above the current price.
#FARTCOIN #FARTCOINUSDT Cautious Long
Entry:
Near current support $0.33 - $0.34
break above $0.37 (confirmation of new high)
SL: $0.31 (Below the key horizontal support)