FORM +135.1% in 24 Hours Amid Surging Market Momentum

On SEP 6 2025, FORM rose by 135.1% within 24 hours to reach $3.6825, marking a continuation of its remarkable upward trajectory. Over the past week, the asset surged by 1659.34%, while over one month and one year, it climbed by 2136.41% and 10838.95%, respectively. This rapid appreciation has positioned FORM as a standout performer in the current market cycle.

The surge in price is primarily attributed to a confluence of technical and structural factors. Analysts have noted a strong continuation pattern forming across multiple timeframes, with FORM breaking above key resistance levels that had previously constrained its upside. The asset’s price action has exhibited clear trend-following behavior, with sustained volume and momentum reinforcing the bullish thesis.

The 24-hour rally aligns with broader trend amplification, where a breakout from a long-term consolidation pattern has triggered renewed institutional and retail buying interest. Traders have highlighted the absence of bearish divergence in momentum indicators, which is a critical sign that the uptrend may persist. Intraday volatility has also increased, reflecting heightened positioning activity and speculative demand.

The asset’s performance has drawn attention from both retail and algorithmic traders. While no formal forecasts are currently available from major analysts, the technical indicators remain strongly aligned with a bullish narrative. On-chain activity suggests sustained accumulation, with a notable increase in the number of wallets holding large positions. This indicates that the move may not be driven solely by short-term speculation but also by strategic, long-holding participants.

Backtest Hypothesis

A proposed backtesting strategy aims to validate the effectiveness of a trend-following approach using historical patterns observed in FORM’s price behavior. The strategy relies on a moving average crossover system, where a short-term moving average (e.g., 5-period) crosses above a long-term moving average (e.g., 50-period) to generate long entries. Stop-loss levels are dynamically adjusted based on volatility, using average true range (ATR) as a reference.

The key assumptions in this backtest are that trend continuation is the dominant force shaping FORM’s price action and that volatility-based risk management can effectively preserve capital during pullbacks. Historical price data from the past year would be used to assess the system’s performance under varying market conditions.