📊 Currency $FORM | Is the target of 1$ possible?
The FORM currency is experiencing strong momentum after a rise of nearly +42% in the last 24 hours, with current trading near 0.43$.
🔹 A clear breakout of short-term moving averages (MA7 and MA25)
🔹 High trading volume confirms the entry of new liquidity
🔹 OBV indicator is bullish → A signal of accumulation, not distribution
Important levels:
🔼 Nearby resistance: 0.50$ then 0.68$
🎯 Psychological target: 1.00$ (requires sustained momentum and strong trading volume)
🔽 Important support: 0.35$ then 0.29$
📌 Summary:
The short-term trend is positive, and reaching 1$ is possible but not immediate—it requires holding above 0.50$ with continued liquidity.
❓ Question for readers:
Do you think FORM will reach 1$ in this rally?
👍 Yes | 👎 No | ⏳ Needs time
This is not financial advice.
