$FORM 🚀 FORM/USDT Trade Setup 📈
🔹 Trade Plan:
✅ Entry Zone: $1.75 – $1.85
❌ Stop Loss: $1.65 (Below key support)
🎯 Target 1: $2.08
🎯 Target 2: $2.37
🎯 Target 3: $2.66
🔹 Risk-Reward Ratio:
💰 Favorable (RRR: ~3:1) – Solid upside potential with well-defined risk.
🔹 Technical Breakdown:
📊 Market Structure Shift: Breakout from consolidation with increasing volume.
📈 Key Support: $1.65 – Holding above this keeps the bullish trend intact.
🚀 Resistance Levels: $2.08, $2.37, $2.66 (Targets).
📊 Volume Profile: Strong accumulation around $1.70 - $1.80, confirming buying interest.
🌐 Market Correlation: Aligning with broader altcoin recovery, potential bullish momentum.
🔹 Trade Management:
🔹 Adjust Stop Loss to breakeven ($1.85) after hitting $2.08.
🔹 Partial Profit at T1, let runners aim for T2 & T3.
🔹 Monitor RSI & Volume – Any divergence may signal trend reversal.
🔹 Final Thoughts:
✅ Bullish Bias – Breakout confirmation with strong volume.
⚠️ Risk: If Bitcoin weakens or breaks below key support, altcoins may retrace.
🔥 Plan your trade, trade your plan! 🔥
#Crypto #Binance #FORMUSDT