$FORM / USDT – Local Top Confirmed? Bearish Pullback in Motion! 🔻

Current Price: $2.4584 (+3.51%)

After touching the 24H high of $2.65, price action has reversed, signaling exhaustion and the formation of lower highs—a potential start to a bearish correction.

Key Levels to Watch:

Resistance: $2.58 – $2.65

Support: $2.40 – $2.37

Short Trend Entry

Entry Zone: $2.46 – $2.48

Take-Profit Targets:

🎯 TP1: $2.40

🎯 TP2: $2.375

🎯 TP3: $2.32

Stop-Loss: Above $2.52

Market Insight:

Upside momentum is losing steam. Recent candles show clear selling pressure, with buyers failing to reclaim highs convincingly. The market is showing signs of a controlled pullback, offering a strategic shorting opportunity.

Pro Tips for Smart Trading:

Don’t chase the highs. Let the retracement unfold naturally.

Once TP1 is hit, consider using a trailing stop-loss to protect profits.

Watch volume—increasing sell volume confirms further downside potential.

Stay disciplined with your risk-reward ratio—let your stop-loss do the work.

Stay sharp. Ride the dip, secure your gains, and trade with precision.

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