#FARM EXPLODES ā NEXT STOP $45 OR $50ā
#FARM has skyrocketed +47% today, smashing through key levels and hitting $42.52ā With momentum still strong, the big question remains:
š Will it push past $45 and surge toward $50?
š Or is a retracement on the way before the next leg up?
Volume is rising, and the market is heating upāwatch closely, the next move could be hugeā
$FARM /USDT ALERT: Major Surge ā Is the Rally Sustainableā
$FARM has surged a whopping 47.64%, now trading at $42.52. The price hit a high of $43.95, following a strong rally from its 24-hour low of $28.24.
Key Levels to Watch:
Resistance:
$43.95 ā The immediate resistance level. A breakout above here could push the price toward $45.00 or higher.
Support:
$38.00 ā The critical support level. If FARM falls below this level, expect potential downside toward $35.00 or lower.
Trade Setup:
Long Entry:
Look for a possible dip to around $40.00 for buying. Target $43.95 as the next resistance level, and $45.00 beyond that.
Short Entry:
If FARM breaks below $40.00, consider shorting with a target at $38.00 or lower.
Market Insight:
Order Book: 38.14% buy orders visible, indicating some market caution after the recent surge.
MACD: Positive momentum confirmed by MACD crossing into bullish territory.
Volume: Trading volume spiked significantly, supporting the recent rally.
Final Thought:
While FARMās surge is impressive, a pullback to the support levels would be normal. Watch for a possible breakout above $43.95 for continued upside, or consider shorting if the support fails to hold. Stay alert and manage risk carefully!