📈 $FORM /USDC Futures | LONG Setup
Current Price: $0.3467
24h Change: +27.08% 🔥
Market: DeFi | Gainer
Key Levels:
✅ Support: $0.3282 / $0.2951
✅ Resistance: $0.3612 / $0.3943 / $0.4198 (24h High)
Trend & Indicators:
· MA(7) > MA(25) > MA(99) → Bullish alignment
· Price currently above all MAs
· Strong volume spike (5.1K vs MA5: 28K) — momentum building
Why Long?
1. Breakout Structure: Price holding above key MA support after +27% pump
2. High/Low Spread: 24h range $0.2696–$0.4198 shows volatility & upward potential
3. Sentiment: DeFi gainer + taker fee promo = likely continued interest
Entry Zone: $0.3400–$0.3468
Targets:
· TP1: $0.3612
· TP2: $0.3943
· TP3: $0.4198 (previous high)
Stop Loss: $0.2950 (below MA99 & recent low)
Risk/Reward: ~1:3 on first target
Leverage: Low to moderate (3x–5x suggested due to high volatility)
Watch For:
· Volume sustainability
· Hold above MA(7) for continuation
· Rejection at $0.3612 could signal short-term pullback
Timeframe: Swing (1–3 days)
#FORM #USDC #DeFi #FuturesTrading #LongSetup
