🚀 Trading Analysis and Recommendation: Coin $FORM

The coin shows an excellent bullish technical structure on the 4-hour timeframe, as the price is currently trading at 0.2981, achieving a clear breakout and holding above the exponential moving averages (EMA 7, 100, 200). This upward move is supported by strong positive momentum shown by the MACD crossing in green, and the RSI remaining in the buying strength zones above 70, which paves the way for testing higher historical levels soon.

🎯 Entry plan and targets:

🔎 Suitable entry zone: enter from the current levels between 0.2850 and 0.2981

🚀 First target: 0.3280 (the next technical resistance level shown on the chart)

🚀 Second target: 0.3550

🚀 Third target: 0.3800 (near the upper peak of the chart)

⚠️ Stop loss: a 4-hour candle close below 0.2570 (a break below the lowest low of the past 24 hours and the moving averages)

Good luck to everyone, and please always stick to capital management! 💸
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