Fartcoin Whales Dem Dey Buy Plenti, Price Up 7.5%, Target $2.36

Fartcoin drop 15% for di last week but e rebound sharp inside di last 48 hours, first e gain 3% then e surge 7.5% reach $1.02 as daily volume climb reach $216 million. On-chain data show say big whale dem dey collect well well: di top addresses add dia holding by 22%, top 100 wallets add over 100 million Fartcoin for 30 days. Exchange reserves rise 24.8%, but some smart-money and whale wallets dem reduce dia positions. Technical indicators dey trend bullish: di 4-hour MACD don cross pass im signal line, Balance of Power dey improve, and Elliott Wave correction don finish with support at $0.98 wey mark start of Wave 5. Key support levels dey $0.98–$1.06, resistance dey $1.22, $1.33 and one potential breakout zone dey $1.86–$2.36. One big announcement from Pumpfun co-founder Alon dey come wey dey add positive outlook. Traders suppose dey watch on-chain metrics and chart patterns for entry points as Fartcoin dey eye short-term rally.
Bullish
Di kombin updates show say strong whale gathering and rising trading volume dey drive Fartcoin comeback. Bullish technical signals—like 4-hour MACD crossover and completed Elliott Wave correction wey get support for $0.98—dey point to continued momentum. Di weekly dip set lower entry point, and di coming Pumpfun announcement fit trigger more buying. For short term, traders fit expect higher highs towards resistance levels and possible breakout to $2.36. For longer term, steady on-chain demand and confirmed wave patterns fit support wider rally, make overall outlook bullish.