【See Rise】
FORM is currently reporting 0.3433; over the past 24 hours it is up 30.53%. The 7-day gain is 46.40%. The intraday range is 0.2558–0.4250, with a swing of 66.1%.
【Market View】
In the recent 4-hour K lines, the center of gravity has been steadily rising, showing fairly clear signs that the bulls are controlling the market.
The 0.2558 level has been tested multiple times and has not broken down; pullbacks are being bought back decisively.
In the same period, BTC is up +5.70% over 24 hours, and FORM’s +30.53% has clearly outperformed the broader market, indicating a stronger preference for funds.
In the short term, the outlook is bullish.
【Bullish Reasons】
From 0.2558, it pushed up all the way to around 0.3433, and the short-term center of gravity is still moving higher.
In the 24-hour +30.53% rally, the intraday high of 0.4250 has been tested repeatedly, suggesting overhead resistance is being absorbed.
Keep an eye on whether the broader market turns to pull back, as FORM’s high-level supply may loosen at any time.
Near-term resistance is at 0.4250—break above it on increased volume and follow the move; 0.2558 is the bull defense level for this wave.
$FORM #FORM
FORM is currently reporting 0.3433; over the past 24 hours it is up 30.53%. The 7-day gain is 46.40%. The intraday range is 0.2558–0.4250, with a swing of 66.1%.
【Market View】
In the recent 4-hour K lines, the center of gravity has been steadily rising, showing fairly clear signs that the bulls are controlling the market.
The 0.2558 level has been tested multiple times and has not broken down; pullbacks are being bought back decisively.
In the same period, BTC is up +5.70% over 24 hours, and FORM’s +30.53% has clearly outperformed the broader market, indicating a stronger preference for funds.
In the short term, the outlook is bullish.
【Bullish Reasons】
From 0.2558, it pushed up all the way to around 0.3433, and the short-term center of gravity is still moving higher.
In the 24-hour +30.53% rally, the intraday high of 0.4250 has been tested repeatedly, suggesting overhead resistance is being absorbed.
Keep an eye on whether the broader market turns to pull back, as FORM’s high-level supply may loosen at any time.
Near-term resistance is at 0.4250—break above it on increased volume and follow the move; 0.2558 is the bull defense level for this wave.
$FORM #FORM
