FORM Rockets Higher Amid Strong Bullish Momentum

FORM has seen a 30% price surge since July 9, driven by renewed buyer interest and growing market confidence. A key signal of this uptrend comes from the Directional Movement Index (DMI) on the daily chart, where the +DI (blue) crossed above the -DI (orange), marking a shift in market sentiment toward accumulation.

This crossover signaled the return of bullish momentum, and with the +DI line still holding above the -DI, the trend remains intact. As long as this structure persists — especially with the gap between the two lines widening or holding steady — FORM's upward trajectory may continue. Traders should watch for any narrowing of this gap as a potential sign of slowing momentum.