$FORM /USDT – Bullish Comeback in Progress Price Pops Afte
CryptoPotato
Updated at: 4 hours ago
{"content":"$FORM /USDT – Bullish Comeback in Progress
Price Pops After Sharp Drop — Is This the Start of a Recovery?
📊 Current Price: $2.4975 (+3.89%)
FORM is staging a bounce off local lows after a steep correction — now eyeing a retest of short-term MAs for confirmation.
🔍 Technical Overview:
Price has reclaimed the 7-day MA ($2.4527) with strength. That’s the first green flag for bulls.
The 25-day MA ($2.6691) remains overhead — acting as a near-term resistance.
Today’s large green candle shows bullish pressure returning, but volume confirmation will be key in the coming sessions.
📈 Resistance to Watch:
$2.65–2.70: Zone of confluence with 25MA and previous support-turned-resistance
$2.95: Mid-June breakdown area
$3.20: Psychological + historical top range
🔻 Support Levels:
$2.30: Previous bounce level
$2.00: Critical psychological support
🔮 Momentum Outlook:
A decisive close above $2.70 would flip sentiment convincingly bullish again. Failing to clear that zone could signal a dead cat bounce — keep stops tight.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/23/32de451661d54271b426a9ddcc79ebf7.png"],"tags":[],"tradingPairs":["FORM/USDT"],"quotearticleid":0}