#FARM what's next $30 or $25 ....$FARM Testing Resistance Levels – Possible Pullback or Continuation... $FARM has experienced a significant rise of +17.85% in the last 24 hours, and is now facing resistance after testing highs near $37.25.

Current Price: $34.00

24-Hour High: $50.50

24-Hour Low: $28.82

Key Levels to Watch:

Resistance:

$37.25 – The price recently tested this level. A break above this resistance could push the price towards $40 or higher.

Support:

$32.09 – The price is currently above this level. A drop below $32.00 could lead to further declines toward the $31–$30 range.

Short Entry (Sell Signal):

Entry: If the price fails to break above $34.50 and shows signs of rejection, short positions may be considered.

Target Price (TP): Look for a drop towards $31.50 or lower.

Stop Loss (SL): Place a stop loss just above $37 to protect from a continued upward movement.

Market Insights:

Order Book: The order book shows a dominance of sell orders at 63.16%, indicating potential resistance at the current price levels.

Volume: A significant increase in volume signals the market’s attention on FARM, suggesting that volatility could continue.

MACD: The MACD suggests neutral momentum, implying potential for consolidation or continued upside depending on market sentiment.

Final Thoughts:

FARM is testing key resistance levels. A breakout above $37 could continue the uptrend, while a fall below $32 could signal a reversal. Watch for price action at these critical levels for your trading strategy.