$FORM /USDT – Short-Term Trading Outlook

FORM is showing strong bullish momentum, currently trading at $2.5729, up 13.35% in the last 24 hours. Backed by solid volume (13.53M FORM / 33.44M USDT), the price recently tested a high of $2.6500 and is holding above key support levels.

Technical Highlights:

RSI nearing overbought territory, indicating strong momentum but possible short-term resistance.

MACD crossover confirms upward trend continuation.

Bollinger Bands show widening, suggesting increased volatility and a potential breakout zone.

EMA & MA indicate bullish alignment, with price trading above both.

Short-Term Targets:

Target 1: $2.68 (Resistance Breakout)

Target 2: $2.88 (Momentum Extension)

Target 3: $3.05 (Psychological Level & Fibonacci Extension)

Support Zone: $2.45 – $2.26

Stop-Loss: Below $2.22 (Recent swing low)

Market Sentiment: Bullish

Trade Type: Short-Term Swing / Momentum Trade

Always use proper risk management. Not financial advice – do your own research.

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