$FORM /USDT on Binance. Here’s an analysis of the chart: Technical Analysis:
1. Current Price: 2.1668 USDT (+11.94%)
2. 24H High/Low:
High: 2.2047 USDT
Low: 1.8801 USDT
Trend Analysis:
The price has seen a sharp rise from a lower range, indicating bullish momentum.
Volume has increased, which suggests strong buying interest.
The price is currently near its 24-hour high, which could act as resistance.
Prediction:
Bullish Scenario: If the price breaks above 2.2047 USDT with strong volume, it may move toward 2.50 USDT or higher in the short term.
Bearish Scenario: If the price faces resistance and drops below 1.88 USDT, it could correct further to 1.60-1.50 USDT.
