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FORM had been trading sideways for a long time. Liquidity was taken below, followed by an aggressive upward reaction.
This movement is not a coincidence. After the bottom cleaning was completed, a volume-supported breakout occurred.
The price is currently testing the upper limit of the old horizontal band.
0.40 – 0.42: Broken zone, now the first support 0.36 – 0.37: Key area to defend during pullbacks 0.43 – 0.44: Short-term resistance, a break above would generate new momentum
RSI is in the overbought zone. This is not a reason for a decline; it indicates a potential pause.
The long-standing horizontal structure on the GUN side was broken with a single candle. The volume-supported rise quickly pushed the price to the upper bands.
0.015 → 0.024: Strong impulse movement 0.024 – 0.028 band: First serious supply zone Momentum is high, RSI is close to overbought
In such movements, the scenario generally splits into two: either a brief consolidation or a rapid liquidity withdrawal.
Altcoins Under Pressure — Temporary or Structural?
Major altcoins are seeing broad pullbacks following recent market uncertainty. This doesn’t automatically signal a trend reversal, but it does highlight one key factor: liquidity.
Strong projects usually recover first once volume returns.
Bitcoin is facing increased volatility as macro uncertainty and Fed expectations weigh on risk assets. When BTC struggles to hold key levels, altcoins usually feel the pressure even more.
This phase often decides whether the market is preparing for a continuation — or a deeper correction.
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