🚀 Technical Analysis of $FARM /USDT - Strong Start for DeFi!
Harvest Finance (FARM) has achieved an astonishing increase of +39.14%, jumping to $42.80, making it one of the best-performing DeFi coins in the market! From its lowest price in the last 24 hours at $30.00 to its highest price at $42.80, this vertical move is supported by massive trading volume - 153,948 FARM traded with liquidity exceeding $5.32 million. This breakout penetrates previous resistance levels, indicating a strong trend reversal and bullish dominance. The price action is clear, equivalent, and supported by strong demand zones forming above $37.80, paving the way for further upside.
📈 Momentum Breakout - All Eyes on $48 or More!
FARM is now trading above all key daily trading levels, with depth charts indicating stacked buy orders in the $37-$40 range, suggesting that traders are anticipating the upcoming rise. With the price stabilizing near its 24-hour high, it is clear that bullish speculators are not done. If the momentum continues, the next target will be $48-$50, where historical resistance may appear. With the enthusiasm for decentralized finance (DeFi) returning and FARM leading the charge, this is the setup that traders dream of - tight stability, $FARM