$FORM / USDT โ Long Setup Alert ๐
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๐ Market Overview:
Current Price: $3.01
Trend: Short-term uptrend with a clean pullback
Support Zones: $2.96 (micro), $2.89 (macro)
Resistance Zones: $3.07, $3.16
Technical Context: After a clean impulse to $3.07, FORM pulled back into a support band. Price is holding above the 20 EMA on 1H with RSI flattening near 50 โ a potential springboard for bounce continuation.
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๐ฏ Entry Zone:
$2.995 โ $3.015
(Micro-retest entry + confirmation zone)
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๐ Profit Targets:
TP1: $3.06 (+1.6%)
Testing previous high zone โ quick reaction expected
TP2: $3.12 (+3.6%)
Near-term resistance from last weekโs rejection
TP3: $3.22 (+7.0%)
Stretch target at top of bullish channel
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๐ก๏ธ Stop Loss:
$2.92
(Below structure and EMA stack โ protects against trend breakdown)
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โ๏ธ Risk Management Tip:
Avoid overexposing in low-liquidity tokens. Scale in lightly and always set your stop before entering โ donโt hesitate to exit early if price consolidates below entry too long.
๐ RiskโReward Ratio: 1:2.5
๐ Signal Type: Scalp to Short Swing (1Hโ4H based structure)
โ Buy and Trade here on $FORM