$FARM – Sharp Spike and Pullback, Eye on Key Levels for Next Move
Current Price: $28.55 (+6.33%)
Key Metrics:
24h High: $32.87
24h Low: $27.72
Stoch RSI: Mid-range at 64.94
Volume: 83,762 (FARM) | 2.49M (USDT)
Technical Snapshot:
A sharp vertical push on rising volume led to the $32.87 spike.
The price quickly rejected the upper wick, indicating short-term profit-taking.
Price consolidating between $28.70 and $30.00.
What to Watch:
Support Zone: $28.50–$28.75
Resistance Zone: $30.50–$31.20
Break Above $30.50: Could retest $32+.
Failure to Hold $28.50: Might trigger a revisit to the $27.70 zone.
Conclusion:
FARM spiked sharply but pulled back quickly. Watch for a break above $30.50 for a potential retest of $32. Tight risk management is essential due to volatility.
Buy & sell wisely (DYOR).