๐ท $FORM
/USDT Perpetual Futures Overview
Last Price: $2.7100
24h Change: -0.56%
Status: โ ๏ธ Sideways with slight bearish tilt
---
๐ Market Summary
Metric Value
24h High $2.8117
24h Low $2.6926
Mark Price $2.7104
24h Volume (FORM) 2.60M
24h Volume (USDT) $7.10M
Latest Trade Volume 23,901.4
MA(5) 39,537.0
MA(10) 55,306.9
---
๐ Key Price Levels
Level Type Price Commentary
Resistance $2.8117 24h high โ needs a breakout for new trend
$2.7865 Minor ceiling โ short-term resistance
$2.7508 Pressure zone in depth
Current $2.7100 Near mark price, ranging in tight zone
Support $2.6926 24h low, may get tested again
$2.6792 Soft support with some buying pressure
$2.6874 Micro support zone โ thin volume seen
---
๐ Technical Outlook
Indicator Signal
Trend Range-bound / slight downward bias
Momentum Weak โ low conviction in either direction
MA Crossover MA(5) < MA(10) โ Bearish short-term crossover
Volume Flow Moderate โ lacking breakout confirmation
---
๐ Scenarios to Watch
๐ข Bullish Breakout Play
Entry: $2.76โ$2.79
Target: $2.81 โ $2.85
Stop: $2.71
Rationale: Break above $2.7865 and reclaim of MA(10) could trigger short-term breakout.
๐ด Bearish Rejection Play
Entry: $2.75โ$2.78
Target: $2.68 โ $2.65
Stop: $2.80
Rationale: If unable to break above $2.76โ2.78, the pair may rotate lower, especially if broader market weakens.
---
โ Quick Summary
Currently consolidating, but showing a minor bearish bias with MA(5) < MA(10).
Needs a strong push above $2.76+ to confirm any upside potential.
A drop below $2.6926 would invalidate support and may invite sharper selling.
#Formcoin #HODLTradingStrategy #cryptouniverseofficial #Binance #Write2Earn