$FORM Gravity Pull After Overextended Burst....

$FORM spiked into resistance at 2.8276 with a parabolic move, but the wick rejection and low bid strength suggest exhaustion. Momentum is fading ideal setup for short-term correction traders.

📉 Short Trade Setup

• Entry Zone: 2.72 – 2.74

• TP1: 2.63

• TP2: 2.52

• TP3: 2.39

• Stop Loss: Above 2.84

Trade Insight:

After a near-vertical climb from 2.27 to 2.82, price now shows rejection candles and slowing volume. Bid/ask imbalance leans bearish (25%/75%), hinting sellers are taking control. This could be a dead-cat bounce phase before further downside.