🌾 $FARM /USDT – Quiet Accumulation or Rejection Ahead? Key Levels in Focus🔥👇
Current Price: $27.12
Timeframes: 1H and 4H
Trend Bias: Cautiously Bullish 📈
🕒 1H Chart Insights:📊
✅ $FARM Price consistently forming higher lows
✅ Trading above both 20 EMA ($26.84) and 50 EMA ($26.64)
📈 MACD is bullish with all lines in upward alignment
📊 RSI: 58.21 – just below overbought zone, suggests strength but near resistance
⚠️ Resistance observed around $27.30 – needs a breakout for continuation
⏳ 4H Chart Overview:📊
🟢 $FARM Price holding steady around mid-range; forming consolidation structure
🟠 20 EMA: acting as current support near $26.93
🔻 50 EMA: still above ($27.48) – price needs to close above for trend reversal confirmation
📊 RSI: 51.12 – neutral, but rising
📉 MACD: crossover near zero line – early signs of momentum recovery
📍 Key Price Levels:🔑
Immediate Resistance: $27.30 → $27.50
Support Zone: $26.64 → $26.39
Breakout Trigger: Close above $27.50 with volume
📊 Trading Plan (Bullish Bias Strategy):
🔹 Entry on Pullback: $26.80–$27.00
🎯 Target 1: $27.50
🎯 Target 2: $28.30
⛔ Stop Loss: Below $26.35
🧠 If price breaks above $27.50 with a bullish candle and volume spike, expect momentum to push toward $28+. Avoid chasing if RSI overheats; wait for retests.
💬 “Sideways zones create breakout opportunities – patience pays off.”
📛 Not financial advice. Do your own research (DYOR) before trading.
