$FARM /USDT Long Trade Signal – Strong Bullish Recovery
Entry Price: Around $29.50 - $30.00
Current Price: $31.47
Final Target: $35.00
Why Long?
#FARM /USDT has shown a solid bounce after hitting a 24-hour low of $29.08. The price is steadily pushing upward, confirming bullish momentum with an immediate breakout above $30.50. Buyers have regained control, leading to higher highs and consistent upward movement. The current bullish pattern suggests the price is aiming for a retest of the recent high near $33.00, with the potential to breach the resistance and push toward $35.00.
Technical Indicators:
Volume Surge: Increasing volume indicates strong buyer interest, signaling the continuation of the upward trend.
Higher Lows Formation: Consistent higher lows suggest strong support and continued buying pressure.
Momentum Confirmation: A break above $32.00 will confirm further bullish strength.
Key Levels to Watch
Immediate Support: $30.50 – Strong buying zone in case of minor pullbacks.
Breakout Level: $32.00 – A breakout above this level will likely push the price toward the target.
Final Target
If the bullish momentum continues, FARM/USDT is expected to hit the final target of $35.00. Traders should monitor for a breakout above $32.00 to confirm continuation toward the target.
Risk Management Tip:
Consider adjusting stop-loss to $30.00 once the price moves above $32.00, securing partial profits and protecting capital while allowing for further upside.
Buy and Trade here on $FARM