$FARM /USDT Trading Strategy
Market Insight:
$FARM is currently consolidating near its 24h low ($27.63) after a recent pullback from the high of $31.08. Price action shows a descending trend with waning volume. The current price of $28.14 is below the SAR value of $31.02, indicating bearish pressure in the short term.
Entry:
Buy Zone: $27.50 – $28.20 (accumulation range near support)
Targets:
Target 1: $29.40 (minor resistance / previous consolidation)
Target 2: $30.30 (Fibonacci and psychological resistance)
Target 3: $31.25 (recent swing high / SAR flip zone)
Stop Loss:
Hard Stop: $26.80 (below 24h support and psychological round level)
Key Levels:
Support: $27.50 / $26.80
Resistance: $29.40 / $30.30 / $31.25
SAR Resistance: $31.02 (watch for SAR flip confirmation)
Pro Tip:
Watch for a bullish reversal candle or volume spike in the $27.50–$28.00 zone before entering. If price closes above $29.40 with volume, it could trigger momentum toward the $30+ levels. Use trailing stop to lock in profits near resistance levels.
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