- FARTCOIN maintains strength above $1.10 support amid consolidation pressure.
- Traders monitor $1.22 resistance for signs of renewed bullish breakout.
FARTCOIN is maintaining bullish momentum after reclaiming the critical $0.70 support level. Trader Crypto Tony says FARTCOIN’s recovery above $0.70 has confirmed this zone as a key support level.
After dropping to March lows, the asset began a steady recovery, recording a series of green candles throughout April and May. This upward trend indicated sustained buying pressure and renewed trader confidence.
By June, FARTCOIN entered a brief consolidation phase but held its gains above $0.70, which had previously acted as resistance. The confirmation of this level as support marks a technical shift and provides a potential base for continued upside.Â
Order Block Test Near $1.15–$1.10
FARTCOIN is currently trading near a major grey order block zone around $1.15, as shown in a recent TradingView chart. The price recently pulled back from a local high of $1.30 and is now testing the $1.10–$1.15 range for support.
Analysts suggest that a successful bounce from this area could lead to a move toward the $1.40 level, following a projected bullish path shown on the chart.
However, if the asset fails to hold this support, there is a possibility of a decline toward lower price levels. This zone is considered critical for short-term momentum. Traders are closely monitoring the reaction in this range to determine whether bullish sentiment remains intact.
Consolidation Between $1.10 and $1.22
At the time of writing, FARTCOIN is priced at $1.15, reflecting a slight 0.05% drop over the past 24 hours. The asset has shown low intraday volatility, trading within a tight range between $1.10 and $1.22. Earlier attempts to break above $1.22 failed, confirming it as a resistance level.
On the downside, $1.10 continues to act as a stable support, holding back any further retracements. With price action stuck in this narrow band, FARTCOIN remains in a consolidation phase.
FARTCOIN’s current technical position places it at a pivotal point. Analysts are watching closely for signs of renewed volume or momentum shifts. As long as the asset holds above $1.10, the outlook remains cautiously bullish with potential for a move toward higher targets.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
