Forest Protocol has put in a notable bounce after finding a temporary bottom at lower price points. The asset recently witnessed an influx of demand that pushed the market out of its macro lows into a consolidation pattern. Right now, price action is grinding sideways as the market attempts to hold onto these recent gains.

$FOREST is currently contending with a formidable overhead resistance zone resting between $0.1740 – $0.1800. This specific area is critical because it represents a previous breakdown level where intense selling pressure originated. Clearing this major ceiling is essential for bulls to transition the structure into a sustained uptrend.

The upcoming playbook relies entirely on how the asset responds to this near-term range. If the price can gather enough momentum to clear the $0.1740 – $0.1800 barrier, it could pave the way for a deeper recovery. Conversely, failing to break this resistance will likely confirm a lower high and drag the price back down.

Looking at the broader horizon, the chart shows signs of bottoming, but the dominant market bias is still trying to turn around. This consolidation phase is healthy, but a rejection at the overhead supply could quickly shift momentum back to the bears. Remain patient and watch for structural confirmation.

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