🚀 $FORM / $USDT IS PUMPING! +21.66% Surge on MASSIVE Volume! Forecast & Entry Inside! Turn On Alerts! 🔔
$FORM is absolutely exploding today! A massive +21.66% pump has taken the price to 0.3494, fueled by a HUGE 178.12M FORM volume spike (over $63M USDT). This is a clear sign of strong buyer momentum and a potential trend reversal in play.
The data reveals a powerful story: The 24-hour range (0.2678 - 0.4163) shows incredible volatility and upside potential. Despite the pump, the Long/Short Position Ratio is 4.53, meaning 81.92% of positions are LONG, indicating strong trader conviction for continued upside.
📈 Technical Forecast & Trade Setup:
The chart shows a decisive breakout from consolidation.The RSI(6) at 61 is strong but not overbought, leaving room for more upside. The MACD has turned positive (DIF > DEA), signaling building bullish momentum. However, price faces a key test at the MA(50) resistance near 0.4109.
· Trade Idea (Long on Pullback): For a safer entry, wait for a pullback to the $0.320 - $0.330 support zone (previous resistance turned support) following this impulse.
· Take Profit (TP1): First target at the MA(50) and recent high: $0.410.
· Take Profit (TP2): Second target at $0.450.
· Stop Loss (SL): A close below $0.310 would suggest weakness and invalidate the immediate bullish setup.
This coin is waking up from a deep slump. The volume and price action confirm a major shift. Trade the pullback in this new uptrend for optimal risk/reward.
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The breakout is here with institutional-level volume. Don't chase—wait for your strategic entry, follow for key levels, and ride the momentum wave! This could be just the beginning. ⚡
