Starknet (STRK) surged 13% in the latest trading session, driven by bullish chart patterns and technical indicators. The token broke above the resistance level of a cup-and-handle pattern, a classic bullish continuation structure, suggesting potential for further gains. However, STRK faces a significant hurdle at the 1.0 Fibonacci resistance level, which could determine the continuation of its upward trajectory. Technical indicators such as the Moving Average Convergence Divergence (MACD) and Chaikin Money Flow (CMF) support the bullish outlook. The MACD shows a bullish golden cross pattern, while the CMF indicates increasing buying pressure. Despite the rally, on-chain capital activity remains weak, with Starknet's total value locked (TVL) declining significantly since January. Trading volume on decentralized exchanges has improved, but sustained on-chain capital inflows are crucial for STRK's long-term recovery.