📌 Entry Zone:
🔹 Around $2.85 – $2.96
🎯 Targets:
✅ Target 1: $3.10
✅ Target 2: $3.25
✅ Target 3: $3.40
🛑 Stop-Loss:
🔻 $2.72
To enter $FORM
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📊 Technical Analysis:
🔸 FORM/USDT is up +25.07% in the last 24h with strong bullish candles breaking prior resistance at $2.58 and $2.71.
🔸 RSI (6): 81.27 — deep in overbought territory, signaling strength but potential short-term retracement.
🔸 MACD: Bullish momentum confirmed. MACD line is above the signal line and rising, indicating trend continuation.
🔸 Volume: Noticeable spike with MA(5) > MA(10) — shows aggressive buying interest and breakout volume confirmation.
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💡 Bullish Confirmation:
A solid breakout above $2.96 with volume could trigger the next leg up toward $3.10+.
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📢 Risk Management:
✔️ Lock in profits progressively at each target.
✔️ Move stop-loss to breakeven after reaching Target 1.
✔️ Hold above $2.85 keeps bullish momentum intact.
✔️ Break below $2.72 might signal a trend reversal.
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📈 FORM/USDT is in a strong uptrend — are you prepared to ride the breakout?
