$FARTCOIN (#Fart ), one of the unconventional stars of the meme coin universe, was at the center of the rising altcoin wave in the market in July. Currently trading around $1.15, Fartcoin is signaling a strong rally, targeting $1.24 in the short term, then $1.64, and ultimately $3. This high-energy token from the Solana network is poised for a new bull run, fueled by both technical analysis data and investor interest. ๐Ÿ“Š Key Technical Levels and Indicators:

Current price: $1.156669

24-hour trading volume: $868.12 million

Market capitalization: $1.16 billion

24-hour upside: 8.97%

Critical support: $Fartcoin

Resistance levels to watch:

๐Ÿ”บ $1.24 (first breakout target)

๐Ÿ”บ $1.47 (medium-term resistance)

๐Ÿ”บ $1.64 (post-breakout target)

๐Ÿš€ $3.00 (main psychological resistance)

According to popular analysts like Crypto Feras and Alva, if the #Fartcoin price closes above the local downtrend line, there will be no major obstacles to the rise.

๐Ÿ”ฅ $754 Million Open Interest: This Is Not a Joke!

According to Coinglass, a crypto derivatives market analysis platform, open interest in Fartcoin futures increased by 8.4%, reaching $754 million. This represents the second-largest open interest volume in the meme coin universe after Dogecoin.

This figure demonstrates investors' confidence in the upward trend and their preference for aggressively leveraged long positions. A much stronger upward breakout is possible for the FARTUSDT pair, particularly if the volume density test in the $1.21-$1.24 range is successfully passed.

๐Ÿง  Analyst Views: Will the Uptrend Continue?

๐Ÿ—ฃ๏ธ Crypto Feras (Explanation via X):

"If the price breaks above the downtrend line, the breakout is confirmed. Closes at $1.24 and above could initiate a new rally."

๐Ÿ—ฃ๏ธ Alva:

"A breakout of the dominant downtrend could trigger a major upward reversal. However, the $1.21-$1.24 area should be supported by positive volume."

๐Ÿ”Ž While technical indicators like the RSI and MACD are starting to produce bullish signals, past whale sell-offs are still making investors cautious.

๐Ÿ‹ Whale Danger and Public Sentiment

Fartcoin has rebounded from $1.0091, making it a trending topic on social media and in the crypto community. However, this recovery raises the question of whether major sell-offs are imminent. If the price surpasses $1.30, it could rapidly climb to $1.47, fueled by investor interest.

However, investors are closely watching whales circulating in wallets during this period. Their sudden selling could disrupt the rally.

๐Ÿ“ˆ Conclusion: Is $3 on the Horizon? The technical structure, increasing open interest, and growing interest on social media for Fartcoin point to a rally. However, critical conditions must be met, such as:

A strong break above the $1.24 level,

Volume support forming between $1.21 and $1.24,

And whale selling remaining limited.

If these criteria are met, Fartcoin investors could advance to closes above $1.64 and ultimately to ambitious targets like $3. Volatility will be high during this period, but the potential is equally significant.

โš ๏ธ WARNING:

Meme coins like Fartcoin carry high risk and high reward potential. Caution should be exercised regarding leveraged trading and short-term fluctuations, and market sentiment should be closely monitored alongside fundamental analysis.

#FARTUSDT #BTCBreaksATH #TrumpTariffs