Cena Formation FiFORM

$FORM Strong move up topped near $0.344 then price cooled off into the $0.322 demand zone. On 15m we’re seeing a clean reaction from the lows and price is reclaiming short MAs, showing buyers are stepping back in. Holding above $0.322 keeps the recovery alive, while a push above $0.334 can spark the next leg. Support: $0.322 Resistance: $0.334 Bias: Recovery bounce building Let’s go and Trade now

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FORM is currently trading around the $0.37 mark. Its daily trading volume has exploded by over 268%. With the bearish pressure in the crypto market, all major assets reflect mixed signals. As the fear is sustained, the largest assets like Bitcoin (BTC) and Ethereum (ETH) are attempting to escape the bearish trap. Meanwhile, Four (FORM), one of the trending coins, has registered a solid surge of over 14.47%. As the potential bullish shift occurs in the asset’s market, the price has climbed toward a high of $0.449 from a low range of $0.3328. Upon breaking a series of resistances between $0.34 and $0.43, the mighty uptrend has been confirmed. As per CoinMarketCap data, the recent gain has made FORM trade within the $0.3703 level, with its market cap reaching $140.87 million. Besides, the daily trading volume of the asset has skyrocketed by over 268.34% to the $146.3 million mark. The market has witnessed $1.03 million worth of liquidations. FORM on the Rise: How Much Higher Can It Go? The technical analysis of FORM shows that the Moving Average Convergence Divergence (MACD) line has moved above the signal line. It indicates the building of bullish momentum. The recent price gains accelerate faster than the longer-term trend. In addition, the Chaikin Money Flow (CMF) indicator at 0.04 suggests mild buying pressure in the market. Notably, the capital is flowing slightly into the asset, but not strongly, likely pointing to early accumulation. FORM chart (Source: TradingView) The FORM/USDT trading pair’s 4-hour price chart reveals the formation of green candlesticks, with the price moving up to test the resistance range at around $0.3841. An extended upside correction might trigger the price to rise above the $0.3965 mark. Assuming the asset’s momentum prints a red graph, the price might fall and find its nearby support at the $0.3611 level. If the downside correction continues, the potential bears could drive the asset’s price to its subsequent support below the $0.3529 zone. Moreover, the asset’s daily Relative Strength Index (RSI) is positioned at 70.18, signalling that it is approaching overbought territory. Also, the buying pressure may be strong, and a price pullback or consolidation could occur. FORM’s Bull Bear Power (BBP) reading settled at 0.0921, which implies slight bullish dominance. Notably, as the value is relatively small, the bullish momentum is mild, giving a cautious optimism rather than a strong uptrend. Top Updated Crypto News Bitcoin (BTC) Slips Toward Old Ground: Can Bulls Defend Crucial Support Zones? share TagsAltcoinCryptoCryptocurrency

After a brutal drop from $4.25 to $0.13, $FORM is finally showing signs of bulls up 33.11% The chart is shaping up into a massive Falling Wedge, one of crypto’s most reliable reversal patterns. If this breakout confirms, the next key levels sit around $1.44 and possibly much higher. Momentum is back on the radar eyes on the breakout.

$FORM 41% up