Fartcoin (FARTCOIN) has surged by 13% in the last 24 hours and bounced back from the 200-day EMA support level, indicating a strong bullish momentum.
The memecoin is currently trading at $1.1696 and has established solid support at the 200-day EMA at $0.8437, with technical indicators suggesting a continuation of the upward trend.
Technical indicators like MACD and RSI are pointing towards increased buying pressure and healthy momentum, supporting the bullish case for Fartcoin.
On the resistance side, Fartcoin faces obstacles at $1.4000 and $1.6597, while main and secondary support levels are at $0.8437 and $0.5449 respectively.