FARTCOIN | Breakout Retest and Long-Term Structure Play

[mendez]

After a long period of compression, FARTCOIN (FART/USDT) is showing early signs of a potential trend reversal on the 1D chart.

Price has respected a descending resistance line for months while simultaneously forming higher lows on the ascending yellow trendline — signaling that bullish pressure may be building.

Currently, price is testing the intersection point between descending resistance and ascending support, forming what could be a symmetrical triangle breakout setup.
If we can hold above the breakout area and reclaim the mid-structure level (~0.40–0.42), the next technical objectives would be:

TP1: 0.56 – Retest of prior structural resistance
TP2: 0.73 – Measured move from the breakout pattern
TP3: 1.00+ – Potential full cycle expansion target

️ Invalidation:
A daily candle close below 0.30 would suggest a failed breakout and continuation of the prior downtrend.

Educational Breakdown:
This setup is designed to teach how trendline confluence + structural compression can reveal early trend reversal zones.
Notice how the breakout leg aligns with a swing projection pattern, confirming momentum shift probability.

Bias:
Directional Bias: Bullish
Setup Type: Breakout + Retest (Mid-term swing)
Timeframe: 1D

[Nahid Hossen]

Solid breakout-retest behavior—structure looks surprisingly strong.

[Rimon Khan]

If this level holds, long-term continuation could be very interesting.