Image of FOREST
FORESTForest Protocol
$0.03444
-1.38%
1D

Forest Protocol Analysis

Investment Score
A quick view into Forest Protocol's investment prospects.
6.3

The setup has a mild positive bias, but the reward-to-risk is not clean enough to be aggressive.

What is helping
  • MACD is confirming the current directional bias.
  • Institutional Support Reclaimed: A recent candle wick broke below SMA200 but closed above it while VWMA held, indicating strong buying interest at that level.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is too close to resistance relative to nearby support.
Market State Summary
Current regime
Bull Volatile
Confidence: 76%
Why this state?
  • FOREST is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
FOREST is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 52.30, which is neither overbought nor oversold.
Volatility
Volatile
FOREST ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.03459 - $0.05053
Active zone
$0.01323 - $0.08108
Support zone
$0.01866 - $0.03459
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Volatile
Volume
Low
Support & Resistance

Forest Protocol support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.01866 - $0.03459
Resistance zone
$0.03459 - $0.05053
Active zone
$0.01323 - $0.08108
Levels Table
LevelZoneStrength
Support 1$0.01866 - $0.03459
Resistance 1$0.03459 - $0.05053
Active 1$0.01323 - $0.08108
Scenario Analysis
Bullish scenario

FOREST clears the resistance zone at $0.03459 - $0.05053 and holds above it. That would strengthen the breakout case and shift attention to $0.03459 - $0.05053.

Bearish scenario

FOREST loses the support zone at $0.01866 - $0.03459. That would weaken the setup and open the way toward $0.01866 - $0.03459.

Neutral scenario

FOREST continues trading between $0.03459 and $0.03459. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.02867
Bullish
FOREST is trading above the 50-day average.
SMA200
$0.03467
Bearish
FOREST remains below the long-term trend line.
EMA50
$0.02989
Bullish
FOREST is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.03178
Bullish
FOREST is above the 200-day exponential average, which keeps the longer-term structure constructive.
RSI (14)
52.30
Neutral
RSI (14) is at 52.30, which keeps momentum in a balanced range.
Stoch RSI (14)
47.16
Neutral
Stoch RSI (14) is at 47.16, which suggests momentum is active but not yet extreme.
MACD
0.003714
Bullish
MACD is above its signal line.
ATR
35.44%
Volatile
Volatility is above its 180-day median.
VWMA
$0.03914
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
20.38
Neutral
CCI (20) is at 20.38, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.01090
Bullish
Awesome Oscillator is above zero at $0.01090, which supports bullish momentum.
Williams Percent Range (14)
-64.66
Neutral
Williams Percent Range (14) is at -64.66, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.0008172
Bearish
Bull Bear Power (13) is negative at $-0.0008172, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
31.28
Neutral
Ultimate Oscillator is at 31.28, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.03373
Bullish
FOREST is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.04131
Bearish
FOREST is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Forest Protocol

Over the past 7 days, Forest Protocol price was most positively correlated with the price of World Liberty Financial (WLFI), Gnosis (GNO), BitTorrent (BTT), Curve DAO Token (CRV) and Nexo (NEXO) and most negatively correlated with the price of Plasma (XPL), LEO Token (LEO), Pepe Coin (PEPE), Hyperliquid (HYPE) and Bitcoin Cash (BCH).

Positively Correlated Currencies
NameCorrelation
Image of World Liberty FinancialWorld Liberty Financial0.680
Image of GnosisGnosis0.645
Image of BitTorrentBitTorrent0.641
Image of Curve DAO TokenCurve DAO Token0.637
Image of NexoNexo0.632
Negatively Correlated Currencies
NameCorrelation
Image of PlasmaPlasma-0.681
Image of LEO TokenLEO Token-0.660
Image of Pepe CoinPepe Coin-0.630
Image of HyperliquidHyperliquid-0.590
Image of Bitcoin CashBitcoin Cash-0.568

Forest Protocol price is positively correlated with the top 10 coins by market cap with a price of 0.383, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.274. Currencies that are positively correlated with Forest Protocol indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Forest Protocol, a move in one direction for Forest Protocol would translate into a move in the opposite direction for the negatively correlated coin.

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