$FORM /USDT Technical Analysis (15m)

Current Price: 0.3487

24h Change: +8.60%

Trend: Short-term bullish, facing pullback

Price Action

FORM showed a strong impulsive move from the 0.30 area up to a local high near 0.3768. After hitting this resistance, price faced rejection and is now in a short-term correction phase. The structure still holds higher highs and higher lows, indicating the uptrend is not broken yet.

Moving Averages

MA 7: 0.3573

MA 25: 0.3382

MA 99: 0.3151

Price is currently below MA 7 but still above MA 25 and MA 99. This suggests a healthy pullback within an uptrend rather than a full trend reversal. MA 25 is acting as dynamic support.

Support Levels

0.3420 to 0.3380 strong intraday support and MA 25 zone

0.3250 next support if selling pressure increases

0.3080 major support aligned with MA 99

Resistance Levels

0.3600 immediate resistance

0.3760 to 0.3800 strong resistance and recent high

Above 0.3800, momentum can accelerate further

Volume

Volume expanded significantly during the bullish move, confirming strong buying interest. Recent red candles show profit-taking but volume does not indicate panic selling.

Outlook

As long as price holds above 0.3380, the bullish bias remains intact. Consolidation or a minor pullback is normal after such a sharp move. A clean break and close above 0.3600 can open the path toward 0.3800 again. Loss of 0.3380 may lead to a deeper correction toward 0.3250.

Bias

Bullish with short-term correction

Trend continuation favored above key support levels