Image of FOREST
FORESTFOREST
$0.00008063
-7.63%
1D

FOREST Analysis

Investment Score
A quick view into FOREST's investment prospects.
3.7

The current setup is weak or too risky to treat as an attractive buy right now.

What is helping
  • Value Area Re-test: Price is trading below the lower Bollinger Band, historically a mean-reversion opportunity when broader trend support holds.
  • Volatility is relatively contained right now, which supports a cleaner trading environment.
Main risks
  • The higher-timeframe trend is still working against fresh longs.
  • Price is trading below the volume-weighted average, which suggests the move is losing volume-backed support.
Market State Summary
Current regime
Bear Quiet
Confidence: 94%
Why this state?
  • FOREST is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.

Trend
Bearish
FOREST is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Oversold
RSI is 23.41, which points to stretched downside momentum.
Volatility
Quiet
FOREST ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.00009318 - $0.00009741
Active zone
$0.00008010 - $0.00008963
Support zone
$0.00007694 - $0.00008381
Chart Patterns
SMA50
SMA100
SMA200
RSI
Oversold
MACD
Bearish
ATR%
Quiet
Volume
Low
Support & Resistance

FOREST 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
$0.00007694 - $0.00008381
Resistance zone
$0.00009318 - $0.00009741
Active zone
$0.00008010 - $0.00008963
Levels Table
LevelZoneStrength
Support 1$0.00007694 - $0.00008381
Resistance 1$0.00009318 - $0.00009741
Resistance 2$0.0001054 - $0.0001158
Resistance 3$0.0001164 - $0.0001217
Resistance 4$0.0001266 - $0.0001352
Active 1$0.00008010 - $0.00008963
Scenario Analysis
Bullish scenario

FOREST clears the resistance zone at $0.00009318 - $0.00009741 and holds above it. That would strengthen the breakout case and shift attention to $0.0001054 - $0.0001158.

Bearish scenario

FOREST loses the support zone at $0.00007694 - $0.00008381. That would weaken the setup and open the way toward $0.00007694 - $0.00008381.

Neutral scenario

FOREST continues trading between $0.00008381 and $0.00009318. 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
$0.0001153
Bearish
FOREST is trading below the 50-day average.
SMA200
$0.0001178
Bearish
FOREST remains below the long-term trend line.
EMA50
$0.0001104
Bearish
FOREST is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.0001828
Bearish
FOREST is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
23.41
Oversold
RSI (14) is depressed at 23.41, which suggests downside momentum may be getting exhausted.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
-0.000007602
Bearish
MACD is below its signal line.
ATR
6.31%
Quiet
Volatility is below its 180-day median.
VWMA
$0.00009745
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-176.74
Bearish
CCI (20) is weak at -176.74, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-0.00001600
Bearish
Awesome Oscillator is below zero at $-0.00001600, which supports bearish momentum.
Williams Percent Range (14)
-100.00
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -100.00.
Bull Bear Power (13)
$-0.000008370
Bearish
Bull Bear Power (13) is negative at $-0.000008370, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
37.00
Neutral
Ultimate Oscillator is at 37.00, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.00008545
Bearish
FOREST is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0001005
Bearish
FOREST is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to FOREST

Over the past 7 days, FOREST price was most positively correlated with the price of Solana (SOL), Dogecoin (DOGE), PancakeSwap (CAKE), Aerodrome Finance (AERO) and KuCoin Token (KCS) and most negatively correlated with the price of Midnight (NIGHT), Jupiter (JUP), JUST (JST), Internet Computer (ICP) and World Liberty Financial (WLFI).

Positively Correlated Currencies
NameCorrelation
Image of SolanaSolana0.977
Image of DogecoinDogecoin0.970
Image of PancakeSwapPancakeSwap0.966
Image of Aerodrome FinanceAerodrome Finance0.966
Image of KuCoin TokenKuCoin Token0.962
Negatively Correlated Currencies
NameCorrelation
Image of MidnightMidnight-0.771
Image of JupiterJupiter-0.734
Image of JUSTJUST-0.606
Image of Internet ComputerInternet Computer-0.475
Image of World Liberty FinancialWorld Liberty Financial-0.436

FOREST price is positively correlated with the top 10 coins by market cap with a price of 0.672, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.682. Currencies that are positively correlated with FOREST 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, a move in one direction for FOREST would translate into a move in the opposite direction for the negatively correlated coin.

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