$FORM /USDT – Weakness Brewing! Short Trade Opportunity Ahead! 🚨
Current Price: $2.7453 (+1.58%)
$FORM is showing clear signs of bearish pressure after multiple failed attempts to reclaim the $2.83 zone. A series of lower highs is forming, hinting at an incoming breakdown if support cracks.
Key Resistance Levels:
$2.83 (24H High)
$2.79
$2.76
Key Support Levels:
$2.72
$2.68
$2.63
Short Trade Setup:
Entry Zone: $2.74 – $2.76
TP1: $2.72
TP2: $2.68
TP3: $2.63
Stop Loss: $2.795
Market Insight:
Market structure is turning bearish with strong rejection wicks near resistance. If $2.72 support fails, more downside can accelerate quickly.
Pro Tip:
Watch for a bearish engulfing on lower timeframes and a retest of the $2.76 zone before entering. Stay sharp!
Bearish momentum building – smart scalpers eyeing the dip!
#EthereumSecurityInitiative #MastercardStablecoinCards #BinancePizza #BinanceTGEAlayaAI #BinanceHODLerNXPC
