🔥 FORMUSDT | Volatility Alert & Short-Term Market Update 📊

$FORM has just printed a massive impulsive breakout, followed by a sharp rejection from the top. The move looks like a liquidity spike / news-driven pump, and price is now consolidating above the breakout zone. Direction will depend on how price behaves around current support 👀

📈 Bullish Scenario (Continuation Setup):

If FORM holds above the breakout base and builds higher lows, continuation to the upside is possible.

📌 Entry (Buy Setup):
✅ 0.340 – 0.350
(Support hold + bullish confirmation)

🎯 Take Profit (TP):
🥇 TP1: 0.370
🥈 TP2: 0.395
🥉 TP3: 0.420

🛑 Stop Loss (SL):
❌ 0.325

👉 Indicates acceptance above the breakout zone and renewed buyer strength.

FORM

0.3026

-12.44%

FORMUSDT

Perp

0.302

-12.10%

📉 Bearish Scenario (Fake Breakout / Mean Reversion):

If price fails to hold the breakout level and closes below it, a deeper pullback is likely.

📌 Entry (Sell Setup):
❌ Below 0.330
(Breakdown + weak retest)

🎯 Take Profit (TP):
🔻 TP1: 0.315
🔻 TP2: 0.295
🔻 TP3: 0.275

🛑 Stop Loss (SL):
❌ 0.355

👉 Confirms the spike was liquidity-driven and not sustainable.