FORM · Market structure
Four (FORM) market structure today
FORM market structure on the 1h, 4h and daily charts of the Binance FORMUSDT perpetual, recalculated every two hours from closed candles. The page also links Finora’s recent market notes on X about FORM.
Last updated: 2 November 2026, 19:21 UTC
Market structure now
Calculated from closed candles of the Binance FORMUSDT perpetual, last price 0.2004.
| Chart | Trend | Last swing high | Last swing low | Trend flips on | RSI 14 |
|---|---|---|---|---|---|
| 1h | Bearish | 0.2170HH · | 0.2014HL · | Close above 0.2170turns it bullish · 8.28 percent away | 39.7 |
| 4h | Bearish | 0.2164LH · | 0.1996HL · | Close above 0.2164turns it bullish · 7.98 percent away | 45.5 |
| Daily | Bearish | 0.2930LH · | 0.2493HL · | Close above 0.2930turns it bullish · 46.21 percent away | 31.1 |
Summary built from the table The 1h, 4h and daily trends are all bearish. The 1h trend turned bearish with a close below 0.2014 at 19:00 UTC on 2 Nov, the 4h trend with a close below 0.2164 at 00:00 UTC on 30 Oct, and the daily trend with a close below 0.2493 on 18 Oct. The 1h higher high and the 1h, 4h and daily higher lows do not change those trends: a swing label only compares a high with the previous high, or a low with the previous low, and a trend changes only when a candle closes beyond the last swing. The nearest flip level is 0.2164 on the 4h chart, 7.98 percent from the last price; a 4h close above it would turn the 4h trend bullish.
- Last 24 hours (rolling, at calculation time): down 1.18 percent, range 0.1991 to 0.2170.
- Funding: the current rate on this perpetual is 0.0050 percent (longs pay shorts), the live estimate for the next payment at ; the contract pays every 4 hours. Funding rates across the market
- Each timeframe uses its last 250 closed candles; RSI 14 is calculated on closed candles only.
Recent swing points
- 1h: lower low 0.1996 (), higher high 0.2164 (), higher low 0.2014 (), higher high 0.2170 ()
- 4h: higher high 0.2301 (), lower low 0.1892 (), higher low 0.1996 (), lower high 0.2164 ()
- Daily: higher low 0.2273 (), higher high 0.4255 (), higher low 0.2493 (), lower high 0.2930 ()
How it is calculated: a swing high or low needs five candles on each side and is confirmed five candles later, and the trend changes only when a candle closes beyond the last swing, never on a wick. This is the same logic as the trend table on Finora’s chart images. More on reading market structure and invalidation levels, or compare the top 100 perpetuals in the market structure screener.
Recent posts on X
Short market notes from @Finora_EN, listed by chart and topic; the text is on x.com.
About this page
FORM trades on Binance Futures as the USDT-margined FORMUSDT perpetual, listed on 19 March 2025. By 24-hour trading volume it was the 145th busiest of the 512 Binance coin perpetuals tracked on this site when the table was last calculated.
This page counts 5 of Finora’s posts about FORM from the last 30 days: 5 short market notes on X. The most recent ones are listed below.
There is no project profile here on purpose. This page sticks to what can be measured from the chart, and the table is rebuilt every two hours from closed candles, with the time of the last run printed above it.
How to use this page
Start with the timeframe you actually trade, then look one step up. The “percent away” figure in the Trend flips on column is how far price was from each level when the table was calculated.
How Finora reads a chart explains how a read is built. Treat every number here as a note from the time printed next to it, then check the live chart before you act.
Educational content, not financial advice. The structure data is calculated automatically and can be wrong or out of date by the time you see it. Trading involves risk; you make your own decisions.