The real problem was that in the "panic" the operations on #Binance did not work, and there I was about to make the best play.. I couldn't do it. ๐ซฉ $PEPE $FORM
$FORM experienced one of the wildest moves in recent days โ a massive dump that pushed the price down to $0.078 before bouncing back to around $0.60 within the same hour.
It looks like a combination of panic selling and bot-triggered liquidations, followed by fast buybacks.
If the price holds above $0.50, we could see a stabilization zone forming before another move. However, this kind of volatility shows how much manipulation and whale activity is involved.
Stay cautious, use stop-losses, and donโt FOMO into the green candles โ the next hours will decide whether this recovery is real or just a short-lived bounce.
I sold my $FORM around 1.18 USDC after the dropโฆ and of course it bounced right after to 1.22+ ๐ Crazy volatility in the last 24 hours, with a huge range between 1.13 and 1.64, but still strong volume coming in.
Iโm thinking about re-entering if it dips below 1.15, but it looks like that level is holding quite well for now. Anyone else sold too early like me, or still holding through the swings? ๐
In recent days, $FORM has shown significant volatility, with movements between 1.08 and 1.48 USDC. After several pumps and corrections, it seems to be consolidating in a more stable range.
Personally, I am following a medium-risk strategy, designed for those who cannot stay 24/7 in front of the chart but still want to take advantage of the rebounds.
๐ Operational plan:
Buy zone: between 1.08 and 1.12 USDC (strong accumulation zone, often defended by whales)
Take profit:
1st target โ 1.28 (+15%)
2nd target โ 1.42 (+25%)
3rd target โ 1.58 (+40%)
Stop loss: below 1.02 USDC
So far, the volumes remain good and the short-term structure is still interesting. If the price manages to stay above 1.20 for a few hours, we could see a return towards 1.40.
Attention, volatility remains high, so it's better to set automatic orders and not chase the price. I am observing between 1.10 and 1.12 for new entries, aiming for a gradual exit above 1.30.
What do you think of the current movement? Has anyone noticed unusual accumulations or large wallets entering?
After the peak at 1.67, the price of $FORM corrected down to 1.39, remaining in a positive channel compared to the lows of 1.10. The short-term moving averages (MA7 and MA25) are still crossing, a sign that the bullish trend is not entirely exhausted, but selling pressure is being felt.
๐น Key support zone: 1.32 โ 1.30 As long as it remains above this level, the momentum stays intact. Below 1.30, a possible descent towards 1.10.
๐น Immediate resistance: 1.50 โ 1.55 A break above these levels could reopen the path towards 1.70 and beyond.
๐ฏ Personal strategy I maintain the position as long as it holds at 1.33, evaluate partial profit-taking above 1.50 and automatic stop below 1.30.
Trend still interesting, but to be followed with attention.
In the last hours $FORM reacted from the local minimum to 1.0534, marking a slight bounce up to 1.11 (+5% approximately). The movement stopped right in the MA99 zone (1.13), which is currently acting as dynamic resistance.
The MA7 has crossed upwards with the MA25, a signal of a possible short continuation of the bounce, but for now strong volumes are lacking. A close above 1.13โ1.15 is needed to confirm a trend reversal and aim for 1.20โ1.25. Below 1.05 instead, bearish pressure would return with the risk of retesting the 1.00 area.
๐ Key zones
Support: 1.05 โ 1.00
Resistance: 1.13 โ 1.15, then 1.20โ1.25
Current structure: ongoing technical bounce, but still fragile as long as it remains below the MA99.
After the strong pump up to 1.44, $FORM has undergone a significant correction, dropping to 1.07 (approximately -18%). Currently, the price is at a key level: support zone 1.07โ1.08, which coincides with the previous low.
The moving averages (MA25 and MA99) remain above the price, still indicating a bearish phase in the short term. For now, the trend remains weak: if the price cannot hold above 1.07, the risk is a new test towards 1.00โ0.98. On the contrary, a solid close above 1.10โ1.12 with increasing volumes could confirm a possible bounce.
๐ In summary:
Current support: 1.07โ1.00
Immediate resistance: 1.12โ1.15
Wait for confirmation of reversal before re-entering, to avoid getting caught in the whale dump.
$FORM As I had predicted in the last few days, the right point to enter was above 1.17โ1.18 with strong volumes. The breakout happened and the price has already soared to 1.25+, hitting the first target (1.22โ1.25).
๐น Those who entered there are now in clean profit. ๐น However, be careful: after such a pump, retracements are the rule, not the exception.
๐ The two options now are:
Profit management โ move the stop-profit to the 1.20โ1.22 area, or sell a part and let the rest run.
New targets โ if the push continues, the next key level is 1.30โ1.32.
โ It is not advisable to buy now during the full pump: it is much better to wait for either a pullback in the 1.15โ1.18 area or a confirmation above 1.30.
โ Scenario 1 โ Breakout Buy only if the price decisively breaks 1.17โ1.18 accompanied by strong volumes. In that case, the natural targets are 1.22 โ 1.25.
โ Scenario 2 โ Pullback Wait for the price to retrace to the area 1.07โ1.08. From there, one can enter with a stop-loss below 1.02, aiming for a rebound towards 1.15+.
โ It is not recommended to buy in the middle (1.13โ1.15) because it is an uncertain zone, neither breakout nor minimum. Better to wait for a clear signal. $FORM
I bought BNX at around 0.35 usdt, before the whales, I liked the project, then it became form and I believed in it even more and I will surpass 4 usdt. In the last few hours, the whales have once again shown what power they have, and how disgusting they are. I lost 80% of the investment, in reality I am not at a loss as I doubled the initial investment, but I had made a profit in these months of 1000% so effectively I haven't lost but I have lost a large part of the profit, I hope you haven't lost much either.. #CondividiLeTueOperazioni $FORM
In less than 24 hours $FORM fell from over 4 USDC to 2.47 USDC. Personally, I lost more than $100 in a single day, and I think it wasn't just a simple "natural" market movement, but yet another game of the whales.
The volumes were very high and the dump was too fast: small investors like us don't even have time to react, while those with large amounts offload millions and influence the entire trend.
These dynamics are destroying trust: every time a project tries to grow, just one dump like this can bring everything back. It's not fair that the big wallets continue to play with the skin of those who truly believe in the project.
Has anyone else experienced this dump? Do you also think it was the whales' fault? #Whale.Alert
Let's be honest: anyone who's been HODLing coins for years dreams of waking up one day to see their coin go through an insane pump and suddenly being a millionaire. But then there's my case you wake up, your coin crashes, and you lose 95% of what you invested in it. (Obviously, I mean the money invested in that coin, not overall.) That's just the game. #HODL #lose
I have always preferred to include various coins in my wallet that have less impact on the ecosystem, but only because they had a high fanbase like in the case of $PEPE $SHIB etc.. in the last year I have also added BNX to my wallet which today would be $FORM and I must say that all in all they are giving me satisfaction, rather if I had known, I would have invested a little more.
$FORM The price is strongly rising (+14.29% in the last 24h), supported by high volumes.
The trend is clearly bullish, with the price above all major moving averages (MA7, MA25, MA99).
However, the latest movements show smaller candles: a signal of possible slowing down or consolidation.
Technical indicators
RSI (not visible in the chart but deducible): Probably above 70, thus in the overbought zone. This indicates that the price may experience a small retracement in the short term.
MACD: Presumably positive, but should be monitored for reversal signals (e.g., bearish crossover).
Volumes: Strong during the rise, but declining in recent hours, signaling a possible pause or sideways phase.
Important levels
Key supports:
$2.47 (Fibonacci 0.382)
$2.41 (MA25 and Fibonacci 0.5)
$2.34 (Fibonacci 0.618)
Key resistance:
$2.63 (high of the last 24h)
If surpassed with high volumes, one can aim for $2.80โ$3.00
Suggested operational strategy
If you are already in: consider protecting profits with a dynamic stop.
If you want to enter:
Wait for a pullback between $2.41 and $2.47, which are strong support zones.
Or enter on confirmed breakout above $2.63, with strong volumes (sign of trend continuation). #MarketPullback