🎮 $FORM /USDT – VOLATILITY SPIKE THEN DIP: NEXT MOVE BREWING? 📉📊
$FORM has pulled back -1.24%, currently trading at $2.7235 after a sharp wick to $2.9198.
The 4H chart reveals a strong rejection from above MA(25) and continued pressure below MA(99).
However, bulls are still defending the $2.68 zone, showing potential for a short-term bounce.
Traders should watch for consolidation above MA(7) for a safer re-entry confirmation.
📊 Trade Plan (Short-Term Bounce Idea)
• Entry Zone: $2.70 – $2.73
• Take Profit 1: $2.77
• Take Profit 2: $2.83
• Take Profit 3: $2.91
• Stop Loss: $2.66
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