🚨 $FORM /TRY – Quiet Accumulation or Pre-Breakout Pressure? 🎮
$FORM is hovering around ₺114.21 (+0.23%), holding firm despite recent volatility. Is this a consolidation phase before the next leg up—or is distribution underway? Let’s break it down 👇
📊 Market Overview
📍 Current Price: ₺114.21 (▲ +0.23%)
📈 24h High: ₺117.00
❄️ 24h Low: ₺111.69
🔁 24h Volume: 198,859.80 FORM (~₺22.61M TRY)
📉 RSI(6): 53.91 (Neutral – room to run)
📊 Moving Averages:
• MA(7): ₺114.11
• MA(25): ₺113.64
• MA(99): ₺106.56
📊 Volume: 408.4 FORM (Low, may indicate indecision)
📈 FORM Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If FORM Holds Above ₺113.50):
• Entry: Above ₺115.00
• Targets: ₺117.00, ₺118.80, ₺120.50+
• Stop-Loss: ₺111.00
🔹 Bearish Scenario (If FORM Breaks Below ₺111.00):
• Entry: Below ₺111.00
• Targets: ₺109.00, ₺106.90, ₺102.90
• Stop-Loss: ₺115.00
🔍 Technical Snapshot
✅ Price above all key MAs = uptrend intact
✅ MA(99) catching up = long-term support strengthening
⚠️ Low volume could limit immediate upside without breakout fuel
💡 Pro Tip:
🚀 Watch for a clean break above ₺115.00 with volume—this could trigger a fast move to ₺120+
⚠️ A drop below ₺111 may flip the structure bearish in the short term
📢 Are you watching FORM for a gaming-fueled rally or preparing for a dip? Share your plan!
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