The $FARTCOIN/USDT daily chart shows a clear cup and handle pattern, with the breakout area around $1.53–$1.56 just having been penetrated.
The current price of ~$1.63 is confirming the breakout, with the potential to continue moving up to the next resistance area of $1.80–$2.00 if buying pressure is maintained.
The nearest support level is at $1.53 and stronger support is at $1.26 – where there is a confluence of MA200.
Short-term trend: bullish, but it is advisable to wait for a retest confirmation if not already in a position.
