- FARTCOIN’s Cup and Handle pattern triggered an 85% surge, reaching its target with precision.
- After hitting $1.00, FARTCOIN retraced 25%, but key support zones held firm.
- Scalpers focused on the $0.71–$0.83 range for quick trades, tracking volume flow closely.
FARTCOIN completed a textbook Cup and Handle breakout, reaching its projected target with precision. The price surged 85% from the setup’s neckline before retracing 25% following the take-profit zone.
Cup and Handle Formation Triggers a Clean Breakout
Market analyst Sjuul AltCryptoGems delivered a comprehensive breakdown of the full pattern evolution on CONEX. His analysis followed the formation from inception to target with annotated chart visuals. He captured the structure step by step, highlighting key levels and real-time confirmation triggers.
FARTCOIN’s 12-hour chart printed a clean Cup and Handle pattern across several weeks of price action. A rounded base formed in March, followed by a brief handle before the price broke above the neckline. This setup drew attention from breakout traders focused on high-probability continuation patterns.
He identified the initial curve beginning in early March and ending as the month closed out. After that, the handle retraced slightly, offering a pivot before reclaiming neckline resistance. Once the asset pushed past $0.60, bullish momentum accelerated toward the projected upside target.
From prior highs near the rim, Sjuul outlined how these flipped to support during the rally. His breakdown shows price running straight from $0.60 to over $1.00 in a single wave. The measured move arrow on his chart aligned with this exact extension, confirming pattern precision.
As price cooled off, a bull flag developed just above the $1.00 psychological zone. Parallel trendlines framed the consolidation as price coiled near its recent high. The flag respected prior resistance-turned-support, keeping bulls in short-term control.
Each update included chart visuals, entry zones, target lines, and timestamps for full transparency. Sjuul emphasized that the 85% move hit his final target before a 25% rejection played out. He documented the entire process in a series of five real-time tweets.
Short-Term Trading Zones and Scalping Setup
Bilal Nasir Khan broke down the intraday recovery that followed the corrective dip from recent highs. He pointed out a tight horizontal range building between $0.71 and $0.83 on the 1-hour chart. This zone favors high-volume scalps as volatility compresses within that structure.
For bulls, reclaiming $0.83 keeps short-term upside in play despite recent rejection wicks. This level capped two attempts, setting a clear line for scalping confirmation and momentum reentry. Bilal noted that the current volume flow supports reactive trades within this defined micro range.
