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$FORM /USDT Trading Signal: Bullish Breakout in Gaming Sector! 🚀
Hey Binance Square fam!
$FORM (Four token from BinaryX GameFi) is showing massive potential after a +34.69% pump in the last 24 hours. This Seed Tag token on BNB Chain is riding the gaming narrative wave, with strong volume at 81.80M FORM and 102.93M USDT. Volatility is high (24h range: 0.9433 low to 1.4800 high), but that's where the gains are!
Quick Chart Analysis:
Current Price: 1.2759 USDT
Recent Candle (1D): Open 1.2815 | High 1.3068 | Low 1.2248 | Close 1.2764 (-0.38% change, 6.39% amplitude)
Technical Indicators:
Price above MA7 (1.1090) – Short-term bullish momentum building.
Below MA25 (2.1224) and MA99 (3.0798), suggesting room for upside if it breaks resistance.
Strong support at 1.22-1.25; resistance at 1.30-1.48.
Overall Trend: Pullback after breakout, but volume supports continuation. Gaming tokens are hot right now with market recovery!
Signal Details:
Direction: Long (Buy)
Entry Zone: 1.25 - 1.28 USDT (Accumulate on dip)
Take Profit Targets:
TP1: 1.40 USDT (+10%)
TP2: 1.50 USDT (+17%)
TP3: 1.80 USDT (+40% moonshot)
Stop Loss: 1.10 USDT (-13% risk, below recent low)
Leverage: 3-5x (Futures) for aggressive traders; spot for safety.
Risk/Reward Ratio: 1:3+ – Solid setup!
Position Size: 1-2% of portfolio max. Always DYOR and use proper risk management.
Why now? BinaryX is pushing GameFi innovations, and with broader crypto sentiment improving,
$FORM could retest highs. Watch for volume spikes!
Not financial advice – trade at your own risk. Let's discuss in comments! 📈
#FORM #FORMUSDT #Binance #CryptoTrading #GameFi