š¢ FORM/USDT Long Setup Idea
$FORM making a strong recovery after a heavy drop to 1.1300 support. Price is pushing back above the MA(7) and approaching the MA(25) zone ā a key area to watch for bullish continuation.
š Trade Setup:
Entry: 1.300 ā 1.310
Target 1: 1.340
Target 2: 1.380
Stop Loss: 1.260
Timeframe: 15m / Short-term
š” Why This Setup Works:
ā Strong rebound from oversold zone with rising volume
ā MA(7) crossing upward ā momentum shift visible
ā Price attempting to reclaim the 1.34 resistance for trend reversal confirmation
ā ļø Watch for rejection at 1.34ā1.35; a breakout above this range could trigger a sharper rally.
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