BullishBanter
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$FORM /USDT โ Short Trade Signal Activated
Current Price: $2.4517
Entry Zone: $2.45โ$2.50
Final Target: $2.15
Stop Loss: $2.66
Trade Insight:
#FORM rallied aggressively from a low of $1.8852 to a high of $2.6555, but signs of exhaustion are surfacing. The recent rejection from the top and back-to-back red candles on the 30-minute chart indicate increasing selling pressure. A short pullback is likely if momentum fails to reclaim the highs.
Strategy:
Ideal to enter in the $2.45โ$2.50 zone with tight risk management. Monitor price closely around the $2.35 and $2.25 levels for partial profit-taking. The final target sits near $2.15 for a clean exit if bearish pressure continues.
Risk Tip:
Move stop loss to breakeven once price drops below $2.30 to secure gains early in the move.
Trade here on $FORM
Current Price: $2.4517
Entry Zone: $2.45โ$2.50
Final Target: $2.15
Stop Loss: $2.66
Trade Insight:
#FORM rallied aggressively from a low of $1.8852 to a high of $2.6555, but signs of exhaustion are surfacing. The recent rejection from the top and back-to-back red candles on the 30-minute chart indicate increasing selling pressure. A short pullback is likely if momentum fails to reclaim the highs.
Strategy:
Ideal to enter in the $2.45โ$2.50 zone with tight risk management. Monitor price closely around the $2.35 and $2.25 levels for partial profit-taking. The final target sits near $2.15 for a clean exit if bearish pressure continues.
Risk Tip:
Move stop loss to breakeven once price drops below $2.30 to secure gains early in the move.
Trade here on $FORM
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