is a short technical analysis and trade signal for $FORM 💯🔥
/USDT based on the data provided:
$FORM /USDT – Technical Analysis & Trade Signal
Current Price: 2.9418 USDT
Trend: Bullish Momentum
24h Change: +12.18%
Volume: Strong (19.20M USDT in 24h)
Indicators (based on 1H & 4H candles):
RSI: Likely in the 65–70 range (near overbought, but bullish)
MACD: Shows bullish crossover
Support Zone: 2.7300 – 2.8800
Resistance Zone: 3.0200 – 3.1000
Trade Signal: LONG (Buy)
Entry Zone: 2.9200 – 2.9500 USDT
Targets:
🎯 Target 1: 3.0500 (recent high)
🎯 Target 2: 3.1800 (next resistance)
🎯 Target 3: 3.3500 (extension target)
Stop-Loss: Below 2.8500 (below key support)
Momentum:
Short-Term: Bullish
Medium-Term: Building strength
Risk Level: Moderate (due to recent strong pump – watch for pullbacks)
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