$FORM Climbing Cautiously Will It Reclaim $3.52?

$FORM is attempting a short-term bounce, currently trading at $3.4893, just under its 24H high of $3.5220. While price action looks bullish on the 15-min chart, the sell-side pressure is still strong (71.94%), indicating caution.

Scalp Setup – Tight Range Momentum Play

Entry Zone: $3.4700 – $3.4900

Stop Loss: Below $3.4450

Target 1: $3.5220 (24H high)

Target 2: $3.5450

Target 3: $3.5800 (extension level)

Order flow leans bearish, so treat this as a momentum-based scalp, not a swing. Break and hold above $3.5220 is key to unlock further upside. Quick in, quick out.