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Formcoin

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shahzi crypto master
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Bullish
Here’s a technical and market overview for $FORM {spot}(FORMUSDT) /TRY --- 📊 FORM/TRY Market Snapshot Metric Value Current Price 114.89 TRY (▲ +4.35%) USD Equivalent ~$2.88 24h High / Low 118.90 / 110.04 24h Volume (FORM) 86,791.00 24h Volume (TRY) 10.00M TRY --- 📉 Technical Summary Support / Resistance Price (TRY) Resistance 1 118.90 Resistance 2 119.40 (Depth top) Support 1 114.89 (current price) Support 2 110.04 Key Support Zone 108.52 – 110.70 Indicator Value Volume 44.5 MA(5) 634.5 MA(10) 779.9 --- 🔍 Observations Price is near resistance (118.90) and may face selling pressure unless volume increases. Recent volume is relatively low (44.5) compared to moving average volume levels, suggesting a weak breakout attempt. The gap between the price and MA values suggests a recent spike rather than sustained accumulation. --- 🧭 Strategy Scenarios 🟢 Bullish Scenario: Entry: On confirmation above 118.90 Targets: 119.40 → 122.00 Stop Loss: Below 114.00 Confirmation: Volume increase + breakout candle 🔴 Bearish Scenario: Sell Trigger: Breakdown below 114.00 Targets: 110.70 → 108.50 Stop Loss: Above 118.90 Confirmation: Bearish engulfing candle or rejection at 118.90 --- 📌 Final Sentiment: Cautiously Bullish Indicator Status Trend Short-term Uptrend Momentum Moderate Volume Support Weak (needs follow-through) Risk Level Medium --- Would you like this chart plotted or analyzed on a specific timeframe like 1h or 4h for better trade timing? #Formcoin #NODEBinanceTGE #Alpha2.0ProjectEvaluation #DYMBinanceHODL #Write2Earn
Here’s a technical and market overview for $FORM
/TRY
---

📊 FORM/TRY Market Snapshot

Metric Value

Current Price 114.89 TRY (▲ +4.35%)
USD Equivalent ~$2.88
24h High / Low 118.90 / 110.04
24h Volume (FORM) 86,791.00
24h Volume (TRY) 10.00M TRY

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📉 Technical Summary

Support / Resistance Price (TRY)

Resistance 1 118.90
Resistance 2 119.40 (Depth top)
Support 1 114.89 (current price)
Support 2 110.04
Key Support Zone 108.52 – 110.70

Indicator Value

Volume 44.5
MA(5) 634.5
MA(10) 779.9

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🔍 Observations

Price is near resistance (118.90) and may face selling pressure unless volume increases.

Recent volume is relatively low (44.5) compared to moving average volume levels, suggesting a weak breakout attempt.

The gap between the price and MA values suggests a recent spike rather than sustained accumulation.

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🧭 Strategy Scenarios

🟢 Bullish Scenario:

Entry: On confirmation above 118.90

Targets: 119.40 → 122.00

Stop Loss: Below 114.00

Confirmation: Volume increase + breakout candle

🔴 Bearish Scenario:

Sell Trigger: Breakdown below 114.00

Targets: 110.70 → 108.50

Stop Loss: Above 118.90

Confirmation: Bearish engulfing candle or rejection at 118.90

---

📌 Final Sentiment: Cautiously Bullish

Indicator Status

Trend Short-term Uptrend
Momentum Moderate
Volume Support Weak (needs follow-through)
Risk Level Medium

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Would you like this chart plotted or analyzed on a specific timeframe like 1h or 4h for better trade timing?

#Formcoin #NODEBinanceTGE #Alpha2.0ProjectEvaluation #DYMBinanceHODL #Write2Earn
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