Crypto trader CRG notes that Fartcoin (FARTCOIN/USD) has tested its yearly open six times without breaking through.

What Happened: Crypto trader CRG points out that Fartcoin has now tested its yearly open six times without a decisive breakout.

While bulls haven’t cracked the level just yet, CRG says that once it does, the move could be “explosive.”

Trader Sjuul adds that Fartcoin has hit its cup and handle target, signaling a 57% move since the setup was first identified.

He called it a textbook breakout and a huge win for bulls.

Prominent trader Unipcs remains bullish, predicting Fartcoin will “blast past $1 very soon.”

is it finally time for FARTCOIN to blast past $1? 👀️️️️️️ pic.twitter.com/wcSIdwHFq9

Trader Altcoin Sherpa does not have a strong take at the current price but is keeping an eye on two key levels—looking to buy either on a confirmed breakout above $1 or a dip toward $0.70.

He called Fartcoin the “meme of the cycle,” reflecting the sentiment that it’s the leading meme coin at the moment.

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Why It Matters: Despite its parabolic move, ElonMoney pointed out an interesting trend: smart money and whales are beginning to sell, but new wallets are stepping in, signaling growing retail participation.

Smart money and whales are selling, new wallets are buying Fartcoin, interesting… pic.twitter.com/mtpUCHt4HL

Fartcoin is currently the top gainer across both the meme coin sector and the broader crypto market, boasting a 57% surge from its bottom.

At the time of writing, Fartcoin is trading at $0.9536 and has risen by 57% over the past seven days, according to Benzinga Pro.