Recently, the trend of FORM has been quite interesting. The current price is around 0.3994, firmly above the 7-hour moving average (approximately 0.3936), and much higher than the 25-hour moving average (0.3380). Looking upward, the 99-hour moving average is at 0.3078, indicating a clear bullish intention.

The key point is the recent high of 0.4199. If it can hold this level and break through, the range of 0.45 to 0.50 could become the next target. Support levels below are clear: 0.39 is the first line of defense, with deeper support at the swing low of 0.2691.

Trading volume has significantly increased in recent days, with solid buying activity, indicating it's not a false rally. However, whether it can continue to strengthen depends on whether it can maintain this level of volume and stay above the key moving averages. Currently, the bulls are in good shape; it all depends on how the subsequent development unfolds.