Fartcoin Whales Go All-In as Price Surges 260% in 24 Hours

FARTCOIN's price has seen a breakout in recent days, driven by renewed speculative buying and a wider crypto market rebound.

The token gained 2.60% to $0.130 over the past 24 hours, outperforming the broader crypto market's 1.37% advance.

A whale opened a 2x leveraged long position covering 16.73 million FARTCOIN tokens on Hyperliquid, worth approximately $2.16 million, and placed another limit order for about $531,000 in tokens.

This move has put the token's price above a July falling wedge and retested $0.125, with bullish MACD and RSI divergence signals strengthening the setup.

The immediate resistance zone sits between $0.135 and $0.15, while a loss of the $0.12 support area could weaken momentum and expose lower demand zones.