$FORM š FORM/USDT ā Formation Fi Price Surge Alert! ā”š„
Formation Fi (FORM) is experiencing notable upward momentum, signaling potential trading opportunities. š
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š Market Snapshot:
š° Price: $2.34
š 24h High: $2.39
š 24h Low: $2.25
š 24h Change: +1.33%
šø 24h Volume: $45.96M
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š 1H Technical Overview:
š” MA(7): $2.32
š£ MA(25): $2.30
šŖ MA(99): $2.25
š Trend: Bullish crossover observed with increasing volume.
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ā Spot Strategy ā Momentum Play
šÆ Entry Zone: $2.32 - $2.34
šÆ Targets:
TP1: $2.39
TP2: $2.45
TP3: $2.50
ā Stoploss: Below $2.25
> Strong bullish momentum with solid support at MA(7), indicating potential for further gains.
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ā” Futures Plan ā Scalp & Swing Combo
š LONG Setup (Momentum Play)
š¢ Entry: $2.32 - $2.34
šÆ Targets:
TP1: $2.39
TP2: $2.45
TP3: $2.50
ā Stoploss: Below $2.25
š SHORT Setup (Rejection Trade)
š“ Entry: $2.50 - $2.55 (If signs of rejection at resistance)
šÆ Targets:
TP1: $2.45
TP2: $2.40
ā Stoploss: Above $2.60
> Monitor for potential double-top formation or volume decrease as indicators for short entry.
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š¦ Risk Radar ā Caution Advised!
š RSI: Approaching overbought territory ā watch for potential pullbacks.
š Key Support: Around $2.25 ā a break below could signal trend reversal.
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šÆ Final Note ā FORM on the Move!
Formation Fi is exhibiting strong bullish momentum with significant volume. Stay alert for continuation or signs of reversal at resistance levels.