FORM has been oscillating within a consolidation range recently, with the price around 0.3486, but overall it remains below the 7/25/99-hour moving averages (approximately 0.3494, 0.3529, 0.3650 respectively). This pattern looks somewhat weak.

If it can clearly break above the 0.365–0.37 zone (99-hour resistance), then there is a possibility to push towards the 0.38–0.45 area, with the previous high reaching 0.4549. Looking downward, the 0.345–0.34 zone is the first support, with a stronger support at the low point of that wave at 0.2691.

The volume performance is quite interesting — during the previous rally, volume increased significantly, but now it has returned to a moderate level. To see a genuine upward move, volume needs to cooperate, along with a decisive return above the 99-hour moving average. Otherwise, it will remain in this semi-dead, consolidating state.