🚀 Trading Pair: FORM/USDT 🚀
💲 Current Price: 2.1836 USDT (↑ 5.65%)
---
🔑 Key Observations
1. Price Action 🔄
• Trading between 24h low 2.0597 & 24h high 2.2427
• EMAs: 7 & 25 slightly above EMA99 (2.1463) → mild bullish bias
2. Momentum Indicators 📊
• MACD: Bearish crossover (hist –0.0020)
• RSI(6): 54.18 (neutral)
• Stoch RSI: 35.06 (approaching oversold)
• Williams %R: –66.93 (oversold)
3. Volume 🔥
• Vol 2.57M < MA(6) 32.3M & MA(10) 50.8M → weak participation
---
📈 Trade Scenarios
🟢 Scenario 1: Bullish Rebound from Support
• Entry: 2.1746 (EMA25) on Stoch RSI rebound (>40) + MACD turn
• Targets:
– TP1: 2.2427 (24h high)
– TP2: 2.3000 (psych)
• 🛑 Stop-Loss: 2.1500 (below EMA99)
🔴 Scenario 2: Bearish Continuation
• Entry: Close < 2.1463 (EMA99) + RSI(6)<50 + vol surge
• Targets:
– TP1: 2.0597 (24h low)
– TP2: 2.0000 (psych)
• 🛑 Stop-Loss: 2.1800 (above EMA25)
🟡 Scenario 3: Aggressive Breakout Play
• Entry: Close > 2.2427 (24h high) + rising volume + RSI(6)>60
• Targets:
– TP1: 2.3000
– TP2: 2.4000 (next resistance)
• 🛑 Stop-Loss: 2.2000 (below breakout level)
---
⚠️ Risk Management
• Position ≤ 2% of capital
• Avoid high leverage—wide swings possible
• Confirm with volume spikes & candle closes
---
📌 Critical Levels
• Resistance: 2.2427 → 2.3000 → 2.4000
• Support: 2.1746 (EMA25) → 2.1463 (EMA99) → 2.0597
❤️ Like this signal? Click “Trade Now”!