$FORM
STRONG BULLISH BREAKOUT UNDERWAY – NEXT TARGETS IN SIGHT
$FORM is showing a strong bullish momentum after breaking key resistance levels. The coin has surged sharply, indicating strong buying interest in the gaming sector. Key support is forming around $1.45, providing a good base for potential continuation. Resistance levels to watch are $1.67 and $1.70, where profit-taking may occur.
Trading Strategy:
Entry: On minor retracement near $1.49–$1.50 support.
Targets (TP): $1.67, $1.70, $1.75
Stop Loss (SL): $1.42
Risk Management:
Keep position sizing moderate; avoid over-leveraging during volatile surges. Watch for potential retracement at resistance levels before scaling in further.
Technical Indicators:
Strong bullish candles on higher timeframes.
Volume surge confirms strong buying pressure.
Momentum likely to continue unless price closes below support $1.45.
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