Is $FORM Ready for a Breakout? Chart Hints at a Move Toward $3.25🚀🚀🚀

Recently, $FORM has been steadily climbing, gaining 8.96% in the last 24 hours. Over the past two weeks, price action has been relatively stable, but recent momentum suggests a potential upward breakout is forming.

On the 4-hour chart, the price has been trending within an ascending channel since early May. Right now, FORM is trading around $2.89, holding firm above the lower trendline support at $2.75. If bulls maintain control and price stays above this support zone, we could see a move toward the upper resistance near $3.25.

If the buying pressure intensifies and breaks through $3.05, which is the recent high, there’s a chance of a surge toward $3.50. However, if price dips below $2.75, it could revisit lower levels near $2.50.

Trading volume for FORM stands at 5.64 million tokens, with a corresponding USDT volume of 16.43 million, signaling growing interest and activity in the market.

Some positive sentiment also surrounds the GameFi sector FORM operates in, which may further boost investor confidence. With the token having previously reached higher levels in this cycle, traders are closely watching for a confirmed breakout to ride the next wave up.

FORM’s current positioning presents an interesting opportunity—but risk management remains essential in this volatile environment.

Buy and Trade Here on $FORM