🚨 $FARM /USDT – Major Breakout or Exhaustion Incoming? ⚠️
$FARM just pumped over 11%, climbing to $34.17 after hitting a 24h high of $45.21. Is this a legit breakout or a bull trap? Let’s dive into the technicals! 🔍
📊 Market Overview
📍 Current Price: $34.17
📈 24h High: $45.21
❄️ 24h Low: $30.00
💸 24h Volume (USDT): $10.20M
📊 Moving Averages:
MA(7): $33.04
MA(25): $31.11
MA(99): $31.16
📉 MACD Momentum: (Estimated with RSI/Volume)
RSI(6): 61.51 (Moderate bullish strength)
Volume: Stable at ~50K with MA(5) around 52K — confirms current move!
📈 FARM Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If FARM Holds Above $33.00):
Entry: Above $34.50
Targets: $39.00, $42.50, $45.00+
Stop-Loss: $31.00
🔹 Bearish Scenario (If FARM Falls Below $31.00):
Entry: Below $31.00
Targets: $28.90, $26.50, $24.00
Stop-Loss: $34.00
🔍 Should You Hold or Sell?
✅ Holding above $33.00 = continuation possible.
✅ RSI at 61 shows strength but approaching overbought zone.
⚠️ If volume fades and price drops below $31, correction likely.
💡 Pro Tip:
🚀 Watch for a breakout above $35.70 — if sustained with volume, $45+ is on the table!
⚠️ Don’t chase pumps without confirmations — look for a healthy retest of $34.
📢 Are you riding the FARM pump or waiting for a dip? Let’s hear your strategy!
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