$FORM /USDT – Breakdown Underway! Short Setup Active! 📉
Current Price: $2.4678 (+4.60%)
$FORM faced heavy rejection from the $2.65 high and is now printing lower highs with bearish momentum creeping in!
Key Levels:
Resistance: $2.52 – $2.55
Support: $2.36 – $2.30
Short Trade Setup:
Entry Zone: $2.48 – $2.51 (on failed bounce)
🎯 TP1: $2.42
🎯 TP2: $2.36
🎯 TP3: $2.30
🛑 Stop-Loss: Above $2.55
Market Insight:
Bearish structure forming after a strong pump and rejection—sellers are gaining control as price compresses.
Pro Tip:
Wait for confirmation with a bearish candle at resistance before entering. Use tight SL for high R:R trade!
Momentum is fading—capitalize on this short opportunity now!
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