🚀 $FORM shows clear strength but with caution
The currency $FORM is currently trading near $0.38 after a strong movement, with trading volume increasing by more than 268%, reflecting a notable influx of liquidity. The price rose from $0.3328 to $0.449 after breaking resistance levels between $0.34 and $0.39, confirming the upward trend in the short term.
On the 4-hour chart, momentum is positive and the price is testing resistance near the $0.38 area, and breaking $0.396 could open the door for another upward wave.
But be careful ⚠️ the RSI indicator at 70 is nearing overbought territory, indicating a potential correction or fluctuation.
In summary: momentum is present, but risk management is essential and buying is better with any correction.
FORM
0.3663
-12.80%