$FORM /USDC ALERT: MASSIVE VOLATILITY SPARKING
The FORM/USDC pair is currently locked in a high-stakes tug of war. After an explosive surge to a peak of 0.4547, the market witnessed a sharp correction, retracing to its current level of 0.3473. This represents a -4.59% dip in the last session, leaving traders on the edge of their seats.
Key Market Intel:
* Current Price: 0.3473 USDC (Rs 97.36)
* 24h Range: 0.3419 Low - 0.3658 High
* Volume Activity: 657,461.60 FORM traded in 24 hours
* Critical Support: Historical floor seen at 0.2696
* Resistance Ceiling: Heavy selling pressure near 0.4547
The Technical Setup:
The 4-hour chart reveals a period of intense consolidation following the recent sell-off. Moving averages are tightening, suggesting a massive breakout or breakdown is imminent. With the price hovering just above the 24-hour low, the next few hours are critical. If buyers fail to defend this level, we could see a retest of the lower support zones. Conversely, a bounce here could ignite a recovery rally toward the 0.3800 mark.
The stage is set for a major move. Watch the volume bars closely as the market decides its next direction.
#TrumpTariffs #BTCVSGOLD #CPIWatch #USNonFarmPayrollReport #USNonFarmPayrollReport