On the weekly chart of FARTCOIN/USDT, we see a clear technical pattern - a breakout of the horizontal resistance level around 1.33–1.35 USDT after a prolonged consolidation. This may indicate the end of the accumulation phase and the beginning of an upward impulse.
Note: The price broke through the level with confident volume and has held above it for the second candle. The classic demand zone, from which the asset has repeatedly bounced (approximately 0.49–0.98 USDT), serves as the basis. Support is strengthened by the ascending EMA, which may signal a trend change.
The target zone marked on the chart extends to around 4.00 USDT, providing a growth potential of more than 190% from current values. However, a risk zone is also indicated - a stop below the local minimum at ~0.98 USDT.
Importantly: this entire setup is based on the weekly timeframe, which enhances the reliability of the signal. This is not a 'shorting candle,' but a potential start of a new bullish phase.#FARTACOIN