Recently, the price trend of FORM has attracted widespread attention in the market. From a technical indicators perspective, FORM's performance is quite strong, but there is also a certain risk of correction.
This morning, Chao Ge also laid out a short position and benefited from this wave of correction, doubling his gains. Chao Ge's analysis is as follows:
1. FORM's RSI is overall in the overbought area. The current price has exceeded the normal range of the market, which may face a correction or sideways consolidation.
2. FORM's price is already well above the upper band of the Bollinger Bands, and both ATR and STDEV are showing an upward trend. This indicates that the recent rise may continue, but it also means that the price may face a significant risk of correction.
Opportunities do not wait for anyone, and the market will not show mercy to those who hesitate. So, will you be a spectator, or will you join me in seizing opportunities? @超哥的加密日记
Today's focus: API3 LISTA DOOD
