It's time to analyze $FARM /USDT, and what an interesting situation it has become! 🚀
Attention, crypto family! 🚨 FARM/USDT is making waves, and it's no surprise. What a rise! It reached $45.21 and is currently holding at $37.20, with an impressive +21.69% for the day. This is a true "bull rally" that is leaving many speechless.
But be careful, the market has its tricks. After such an impressive peak, there is always the possibility of a "pullback". The buying volume is there, and that's a good sign, but manipulation is always lurking. It's no coincidence that after such a rise, we see a small retracement. "Whales" or big hands sometimes move the price to liquidate positions and then re-enter.
If it manages to stay above the 7-day moving average, which is at $36.44, we could see it trying to consolidate these gains and even aim for higher levels. However, if it loses that support, we could see a sharper correction, perhaps aiming for the 25-day moving average at $32.51. That would be a key level to watch!
Patience is gold at these moments. Attentive "traders" will look for confirmations before jumping in. Could this be the beginning of a new push or a small pause to catch their breath? Only time will tell, but volatility is on the table!
Manage that risk well and trade wisely!
