🔥 FORM/USDT — impulse after the pump: where to take the continuation?
After a sharp increase of +34% in one day, FORM transitioned into a consolidation phase above the moving averages. The price is held above the EMA, and the market structure remains bullish for now. We are considering the main scenario — long for continuing movement on the 1H.
📌Brief market overview
Current price: 0.4225
24h range: 0.3122 – 0.4549
Momentum is preserved, but volatility is high — the entry point is crucial.
🚨Indicators (briefly):
EMA 21 / 50 / 99: 0.4035 / 0.3668 / 0.3419 — confident holding above, bullish trend
MACD: weak bearish divergence — a local pullback is possible
RSI (14): 60.6 — closer to overheating, but without extremes
Stochastic: oversold — potential for a new upward impulse
💰Trading plan
Main scenario: LONG
Working with the trend while managing risk.
🎯 Targets:
0.4278 — +1.25%
0.4450 — +5.32%
0.4549 — +7.67%
📍 Entry points:
Aggressive: pullback to 0.4150 with confirmation from EMA21
Conservative: consolidation above 0.4250
🛑 Stop-loss: 0.3990 (≈ -5.6%, below EMA21)
📌Summary
FORM remains strong after the impulse. As long as the price is above the EMA and the structure is not broken — the priority is for longs. We work strictly according to the plan, securing by targets and not ignoring the stop.
Spot trading 👉$FORM
Futures 👇
