Technical Analysis for $FORM 🔥💯
/USDT
Current Price: $2.18
Trend: Bullish (Up 3.74% in the last 24 hours)
Resistance Levels:
Target 1 (T1): $2.19 (Recent high level)
Target 2 (T2): $2.25 (Next major resistance zone)
Target 3 (T3): $2.30 (Further upward resistance)
Support Levels:
Support 1: $2.16 (Recent low)
Support 2: $2.10 (Stronger support zone)
Trade Momentum:
The price is showing upward momentum as it’s been increasing steadily. There is currently positive trading volume backing the bullish move. A breakout above the $2.19 resistance could confirm the continuation of the uptrend, with targets around $2.25 and $2.30. If the price falls below $2.16, it could indicate a bearish reversal, and watching for further support at $2.10 will be key.
Trade Signal:
Buy Signal: If price breaks above $2.19 with increased volume.
Sell Signal: If price falls below $2.16, consider taking profit or looking for a short position.
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