Fartcoin Dey Form Triple Bottom Setup, Eye $2.50 Breakout
Fartcoin don dey trade for wide horizontal range between $0.81–$0.87 support and $1.54–$1.69 resistance since late May. Plenty times e test di lower level show say accumulation dey, e fit mean say triple bottom reversal fit happen. Di RSI don bounce from near oversold levels, mean say fresh buying momentum dey. If e fit confirm breakout pass $1.69, e fit trigger measured move go $2.40–$2.50, wey be like 135%–145% gain. If e no fit hold di $0.81–$0.87 support, e fit show downside target like $0.70 and $0.65. Traders suppose dey watch for strong break of resistance to confirm dis bullish setup.
Bullish
Di potential triple bottom reversal and RSI rebound dey show say buyer dem for Fartcoin dey gain new strength. Historically, memecoin wey break out from multi-bottom pattern dey usually lead to sharp rally as traders dey use the pent-up momentum. The $1.69 resistance na clear trigger: if dem break am well well, e fit attract short-term momentum players wey dey target the measured move to $2.40–$2.50. For short term, if breakout succeed, e fit spark fast price increase as stop-loss orders wey dey above resistance go trigger. For long term, if higher lows continue, e go confirm say accumulation dey happen again and e go support bullish trend. But if support break down, e fit cancel dis outlook.