š $FORM / USDT ā LONG TRADE SIGNAL š¢
š„ Market Overview:
$FORM is showing strong bullish momentum, rebounding from trendline support around $1.00. The structure remains intact, with higher lows confirming a continuation of the uptrend. A breakout above $1.10ā$1.12 could trigger acceleration toward the $1.30 zone.
š Key Levels:
Support: $1.00 ā $1.05
Resistance: $1.15 ā $1.30
š Trade Setup (Long Position):
š° Entry Zone: $1.055 ā $1.085
šÆ TP1: $1.15
šÆ TP2: $1.31
š Stop Loss: $0.94
š” Market Outlook:
The ascending trendline continues to hold as strong dynamic support.
Price consolidating near a breakout level with bullish bias.
Aroon indicator confirms rising bullish strength (~78%).
Staying above $1.00 keeps the structure healthy for further upside.
ā” Strategy & Risk Management:
Risk/Reward Ratio: ā 3 : 1
Move SL to entry after TP1 hits.
Take partial profits near $1.15 to secure gains.
š Summary:
ā
Bullish structure with strong rebound confirmation
ā
Breakout potential toward $1.30
ā
Solid R:R and clear support below trendline