FORM saw a 30% jump in one day due to a short squeeze, hitting a high of $1.47 before settling in the mid-$1.30s. Binance and Bybit saw high trading volumes, with open interest doubling to $26M. The rally followed an all-time low of $0.91, showcasing FORM’s volatile nature. (Source: Coingecko, Coinalyze)

Tryrex, a crypto analyst, identified a possible breakout for FORM after a short squeeze setup. He marked $1.14 as a key level for entry, setting a profit target at $2.29. FORM rebounded over 5% in a single session, potentially signaling a squeeze breakout or temporary surge. Traders watch for resistance levels. (Source: X)

The surge in FORM’s price and volume indicates potential for a strong pump. Tryrex’s trade plan suggests a risk-reward setup tilted toward buyers, using 10x leverage. The market awaits if FORM can sustain above $1.14 and move towards $2.29, determining the longevity of the rally. (Source: X)

Read more at Yahoo Finance: What is FORM Crypto? FORM Price Erupts +30% As Analysts Call Short Squeeze