FARTCOIN – How THESE indicators could decide its move to $1.40

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Key Takeaways

Fartcoin is attempting a comeback after a rather dramatic sell-off. Could the Pumpfun founder’s so-called “update” be the golden ticket?

Fartcoin [FARTCOIN] is trying to bounce back after an unfortunate drop, now lingering near the yearly and monthly open like a reluctant guest at a party.

This rebound follows whispers about a “game-changing” announcement from the Pump.fun founder, which has stirred up a fresh wave of optimism in the memecoin crowd.

As the top coin on the Pump.fun platform, FARTCOIN’s performance is often more about community hype and memes than fundamentals. So, hitting these key levels again could spark another rally-if the speculation turns into something real.

Is rising Open Interest enough to confirm bullish conviction?

Open Interest spiked by 6.02% to $743.22 million at press time, meaning traders are returning to the market after the recent sell-off.

This uptick shows some renewed risk-taking, but thankfully without the reckless leverage, which could indicate a more sustainable rally.

Funding Rates, however, have remained flat at +0.005%, suggesting traders are cautiously optimistic rather than throwing their money around like it’s the next Bitcoin.

If the price pushes higher, a jump in Funding could signal growing confidence. But, for now, everyone’s playing it safe, waiting for momentum to confirm the move.

Will this double bottom formation spark a breakout to $1.40?

Fartcoin has printed a textbook double bottom around the $0.88 level, a classic pattern that traders love because it’s usually a sign of a bullish reversal.

The price has bounced off this level, now eyeing the ever-important $1.00 mark like a cat stalking a laser pointer.

The True Strength Index (TSI) is bouncing back from oversold territory, giving hope for a sustained push upwards.

Volatility remains surprisingly calm with the Average True Range (ATR) steady at 0.13. If Fartcoin breaks $1.00 and stays there, a rise to $1.40 might be next.

But beware-if the price gets rejected, we could see more sideways action instead. Don’t say I didn’t warn you.

Are top holders preparing for a rally while smart money exits quietly?

According to Nansen data, the top 100 Fartcoin holders have acquired over 100 million tokens in the past month. Big players are definitely in on this, while the little fish swim by.

Exchange Balances have surged by 24.8%, which, frankly, is usually a bearish sign. But hey, maybe it’s different this time?

Meanwhile, the whales and “smart money” have been quietly exiting, down by -23.7% and -40.3%, respectively. Hmm, suspicious.

The gap between retail excitement and whale exits raises a couple of eyebrows. Is this a real rally, or is everyone being led into a trap? 🤔

In conclusion, Fartcoin is showing signs of life, backed by a bullish chart and retail buying. But neutral Funding Rates and whale exits raise some red flags. A rise to $1.40 is possible, but whether it sticks will depend on whether all this hype turns into actual buying action, and if the resistance levels can turn into support in the near future. Stay tuned! 😅

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2025-08-05 16:33