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

Key Points

1. Fartcoin is rebounding near its monthly and yearly open, driven by community buzz and speculation around ecosystem developments.

2. Open Interest rose 6.02% to $743.22 million, indicating renewed trader interest, but flat Funding Rates (+0.005%) suggest cautious optimism.

3. A double bottom formation around $0.88 hints at a potential breakout, supported by the True Strength Index (TSI) rebounding from oversold levels.

4. Exchange Balances surged 24.8%, signaling bearish sentiment, while whale and smart money holdings declined by -23.7% and -40.3%, raising concerns about sustainability.

5. A breakout to $1.40 is possible if resistance levels flip to support, but mixed signals from whales and traders introduce uncertainty.