FARTCOIN Forms Symmetrical Triangle after Bullish Breakout - What's Next?
**FARTCOIN Stages a Remarkable Comeback With Over 160% Rally in 30 Days – What’s Next?**
After suffering a staggering decline of more than 90% from its January high of $2.74 to a low of just $0.20 on March 10, **FARTCOIN** has made a powerful comeback. Over the past 30 days, the token has soared by an impressive **162%**, fueled by strong bullish momentum. Currently, FARTCOIN is trading around the **$0.90** mark, showing signs of a robust recovery.
> *Source: CoinMarketCap*
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### **Technical Outlook: Bullish Breakout and Symmetrical Triangle Setup**
On the daily chart, FARTCOIN recently broke out of a classic **Cup and Handle** pattern, a well-known bullish formation. The breakout above the **$0.64 neckline** was accompanied by strong volume and momentum, pushing the price decisively above the **100-day moving average (MA)**. This bullish crossover marked a clear trend reversal and ignited a sharp **38% rally**.
> *Chart Source: TradingView via Coinsprobe*
Following the breakout, price action has entered a **symmetrical triangle pattern**, a technical formation often associated with consolidation before a continuation move. The token is currently trading within this narrowing range, making **higher lows and lower highs**, compressing under a descending resistance trendline.
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### **What Comes Next for FARTCOIN?**
Traders are closely watching the symmetrical triangle as FARTCOIN coils up for its next major move. A **breakout above the triangle’s upper resistance line** could trigger another surge to the upside. Key resistance levels to watch are:
- **$1.15** – roughly a 28% gain from current levels
- **$1.30** – representing a potential 43% upside
On the flip side, if the price fails to break out and drops below the triangle support, a pullback toward **$0.65**—the 100-day MA—may occur. This would likely act as the first key support zone in the event of a bearish move.
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**Conclusion**
FARTCOIN’s recovery from its March low has been nothing short of dramatic, and the technical setup now points to a crucial inflection point. With momentum building and the symmetrical triangle nearing its apex, traders should keep a close eye on the breakout direction, which could dictate the token’s next significant price move.
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