FORM Token’s **Explosive** Rally: Targeting 40% Growth Amidst ‘BNB Meme Szn’

The cryptocurrency market often sees rapid shifts. Recently, attention has turned to the BNB Chain. Binance co-founder Changpeng “CZ” Zhao’s declaration of a “BNB meme szn” sparked significant activity. This has directly impacted the FORM token, which has shown remarkable performance. Traders are closely watching its trajectory.

FORM Token’s Ascending Triangle Pattern Signals Potential Rally

The FORM token is showing early signs of a significant bullish reversal. After a substantial decline of over 75% in recent months, the token now appears to be forming an ascending triangle pattern. This structure typically suggests trend reversals. It forms after a period of downtrend, indicating a potential shift.

• FORM currently trades near $1.42.
• It rebounded from a local bottom around $0.80.
• The pattern’s horizontal resistance sits near $1.50–$1.60.
• A rising trendline has supported higher lows since late September.

A decisive breakout above resistance could confirm this triangle setup. This action would pave the way for a move toward $2. Such a move represents about 40% upside from current levels. Momentum indicators support this scenario. The daily Relative Strength Index (RSI) has recovered sharply. It moved from oversold conditions below the 30 mark. Rising trading volumes further reinforce this view. They show that FORM’s upside momentum remains strong.

FORM/USDT daily price chart. Source: TradingView

Four.Meme Dominates Daily Revenue, Outpacing Pump.Fun Rival

Four.Meme has achieved a notable milestone. It surpassed its Solana-based Pump.Fun rival in daily revenue. In the past 24 hours, Four.Meme recorded $1.4 million in revenue. Pump.Fun, by comparison, generated $885,000. This indicates a significant shift in market interest. The surge coincides with increased activity within the BNB ecosystem.

The price of Pump.Fun’s native token, PUMP, has dipped by over 20% in the past week. This further suggests traders are speculating heavily on FORM. Solana memecoins are also experiencing declines. Focus appears to be shifting towards the BNB Chain rival. Conversely, most top Four.Meme tokens have seen price increases. This performance highlights Four.Meme’s growing influence in the memecoin space.

Four.Meme TVL chart. Source: DefiLlama

PUMP/USDT daily price chart. Source: TradingView

Solana memecoins’ hourly and daily performance chart. Source: CoinGecko

Four.Meme’s memecoins hourly and daily price performance chart. Source: CoinGecko

BNB Meme Szn Fuels Ecosystem Growth

The declaration of a “BNB meme szn” by CZ has invigorated the BNB ecosystem. Meme-driven trading activity has exploded. This is clearly visible in Four.Meme’s total-valued-locked (TVL) metric. The launchpad’s TVL has seen substantial growth. This indicates increasing investor confidence and participation. Furthermore, data from Bubblemaps shows that roughly 70% of Four.Meme’s traders were in profit. This was true as of Wednesday, reflecting strong market sentiment.

Source: BubbleMaps

This renewed hype has also boosted BNB’s market dominance. It helped BNB reclaim the 3rd spot by market capitalization. This move saw it overtake XRP (XRP). The ecosystem’s vibrant activity underlines the impact of community sentiment and influential figures in the crypto space. Such periods often create significant opportunities for traders.

Navigating the Crypto Market Analysis: Potential Bearish Signals for FORM

Despite the current upside momentum, a comprehensive crypto market analysis reveals potential bearish signals for FORM. The chart outlines a possible bear flag pattern. This pattern is characterized by parallel ascending trendlines. It follows FORM’s 50% decline in September. Such formations often precede a continuation of the previous downtrend. This occurs if the price breaks below the lower boundary.

FORM/USDT daily price chart. Source: TradingView

A close under $1.28 could shift sentiment to bearish. This would open the door for a deeper correction. Targets could be toward the $0.50–$0.60 zone. In that case, the bullish breakout scenario toward $2 would be invalidated. This would signal that FORM’s recent rebound might only be a short-term relief rally. Investors should consider these possibilities. Thorough research is always essential before making investment decisions.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk. Readers should conduct their own research when making a decision.